Economics: Goods & Services Quiz Review

What are goods?

• things that are fun

• things that are made or grown

What are services?

• things that are made

• work that someone does for someone else

Where is food usually purchased?

• a grocery store

• a library

What is another word for barter?

• trade

• give

Producers are people who __________ goods.

Why do some goods need to be shipped to each other?

• so people can harvest their crops

• so people can enjoy the goods in different places

Consumer or Producer:

A person who mows your lawn is a _________.

Consumer or Producer:

A family who buys pizza from Pizza Hut is a _____________.

List 2 types of goods.

List 2 types of services.