Producers and Consumers SS Mag Unit

Sally sells lemonade to her neighborhood. She is a......

• producer

• consumer

• product

• free market

Michael buys legos at the local store.

• producer

• consumer

• entrepreneur

• interdependent

Frank grows corn on a farm. He is a....

• consumer

• producer

• clerk

• free market

Which type of resources is the following; water, soil and wood

• human resource

• capital resource

• natural resource

• sufficient resourc

What type of resource is the picture showing?

• human resource

• natural resource

• capital resource

• interdependent resource

What are some examples of human resources at a store like Target or Wal-Mart?

• clerk, manager, stock worker

• delivery truck, printer and computer

• wood, soil, and water

• building, products sold at the store

What is an example of a capital resource?

• employees

• truck drivers

• wood

• factory

What is the definition of a free market?

• Only certain people can start a business

• Businesses rely on other countries to make and sell products

• Anyone can start a business

• Companies do everything them selves without help from others.

What means to do everything yourself in order to meet basic needs?

• Self-sufficient

• interdependent

• competitive

• consumer

What does international trade mean?

• Being self-sufficient

• Being interdependent and buying and selling goods between countries.

• Trading goods and services between countries that are closest to us.

• Only selling goods and buying goods that come from our country.