My World Interactive Grade 3 Chapter 2

A person who creates products is called a ______________.

• Producer

• Consumer

Trees and water are ___________________.

• natural resources

• capital resourcs

• human resources

Equipment and buildings are ________________.

• human resources

• capital resources

• natural resourcs

Which word describes what you see in the picture?

• needs

• wants

What capital resources are needed to produce what you see in the picture?

• knowledge about farming, animals

• tractors, plows, factories

• cows, chickens, seeds

• vegetables, animals

Jasmine has a clothing store. She has decided to start exporting her products. What conclusion can you draw about Jasmine’s business?

• She will save money on shipping.

• She will find it easier to get resources.

• She will gain more customers.

• She will be able to make more products.

Samantha helps out at the soup kitchen on the weekends. Samantha is a __________________.

• occupation

• tax payer

• volunteer

• producer

To bring good in from another Country is called ____________.

• import

• export

The __________ of a good or service is the price you have to pay.

• cost

• benefit

Consumers are people who _____________.

• buy goods

• sell goods

• trade goods

• make goods