
EBS_Business_Term
Flashcard
•
Business
•
4th Grade
•
Practice Problem
•
Hard
AT ANG
FREE Resource
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25 questions
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1.
FLASHCARD QUESTION
Front
Needs
Back
Goods and services that are necessary for our survival. Basic needs are
foods, water, clothing, and housing.
2.
FLASHCARD QUESTION
Front
Wants
Back
Goods and services that are not necessary for our survival but which we would like to have.
3.
FLASHCARD QUESTION
Front
Customer
Back
Someone who buys goods and services from a business.
4.
FLASHCARD QUESTION
Front
Goods-producing businesses
Back
Use resources to produce goods that can be seen and touched.
5.
FLASHCARD QUESTION
Front
Service-providing businesses
Back
Provide services that are not tangible but can be experienced when sellers interact with customers.
6.
FLASHCARD QUESTION
Front
Trends
Back
Changes in the world that will impact a business and its customers.
7.
FLASHCARD QUESTION
Front
Competitors
Back
Business that provides the same or similar products and services.
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