Economics Review Second Grade

The items for sale in your local grocery store are...

• services

• producers

• goods

• economics

When we buy goods at the store, we are...

• producers

• traders

• savers

• consumers

When a consumer uses a credit card or cash to buy a good, they are...

• spending

• saving

• wasting

• giving

A computer technician who fixes your computer is providing a...

• good

• service

• trade

• demand

The lady grows the food she sells, that means she is a...

• saver

• consumer

• engineer

• producer

When someone decides not to spend all the money they have, they are...

• earning

• saving

• trading

• demand

A good that you must have to survive and stay healthy is a...

• want

• supply

• demand

• need

When I would like something, but it's not necessary for me to be healthy and survive, it's a...

• need

• demand

• service

• want

This is what you earn from working, so you can buy the things you need to survive.

• goods

• income

• wants

• needs

What do people need to live?

• toys, food, tv

• shelter, food, water

• house, video games, air

• food, love, bike