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Needs and Wants, Goods and Services, and Savings Preassessment
  • 1. Things people make or use to satisfy needs and wants are called _________.
A) goods
B) consumers
C) producers
D) services
  • 2. Activities that satisfy people's needs and wants are called _________.
A) services
B) consumers
C) goods
D) producers
  • 3. A person who uses or buys goods and services is called a ______.
A) producer
B) goods
C) services
D) consumer
  • 4. A person who makes goods or provides services is called a _________.
A) producer
B) goods
C) services
D) consumer
  • 5. Most people are
A) consumers and goods
B) consumers and producers
C) producers and services
D) goods and services
  • 6. Goods and services
A) satisfy people's needs and wants
B) hurt people
C) are not good for people
D) are not needed
  • 7. People can have everything they want?
A) if they are rich
B) no
C) yes
D) if their parents say it is okay
  • 8. when you can not have everything you want you have to make a
A) choice
B) cry
C) fight
D) money
  • 9. Paper bills and coins used to pay for goods and services are called
A) tokens
B) money
C) checks
D) credit cards
  • 10. Money not spent now and saved so it can be spent later is called
A) tokens
B) credit
C) savings
D) tickets
  • 11. Why do people save money?
A) to make a fire with it
B) to throw it away
C) to bury it in the ground
D) to have it to spend in the future
  • 12. People can choose to ___________ their money.
A) make
B) steal
C) copy
D) spend or save
Studenti hanno provato anche :
Careers Ch 1 - Vocab.
Econ: taxes test study guide
Tn acad vocab ss 8.1
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