1) Supply a) How much of something there is b) How many people want to buy something c) How much something costs d) How many tablets you own 2) Demand a) How many people want to buy something b) How much of something there is c) How much something costs d) How much food you eat 3) Needs a) Something you can't live without b) Something you don't like c) Something that you like to have d) 4) Wants a) Something that makes your life better b) Something you can't live without c) d) Something you don't like 5) Junk a) Something you think you want, but makes your life worse b) Something you can't live without c) d) Something that makes your life better 6) Imports a) Something a country BRINGS INTO their country b) Something a country SENDS OUT to another country c) Something you make in your country d) 7) Exports a) Something a country BRINGS INTO their country b) Something a country SENDS OUT to another country c) Something you make in your country d) 8) Resource a) Something you can use to make $$$ b) c) 9) Price a) How much something costs b) How much someone wants something c) How much of something you have d) 10) Goods a) SomeTHING you can buy/sell/trade b) c) An action someone does for you for buy/sell/trade d) 11) Services a) An ACTION someone does for you for buy/sell/trade b) c) d) SomeTHING you can buy/sell/trade 12) Income a) Money that you make b) Money that you spend c) d) Money that you save 13) Expenses a) How much money you spend b) How much money you make c) d) Money that you save 14) Budget a) Planning how to use your money b) How much money you make c) d) How much money you spend 15) Debt a) How much money you owe someone b) c) How much money you spend d) How much money you make 16) Producer a) Someone who makes/grows something b) Someone who eats something c) Someone who buys something d) 17) Consumer a) Someone who buys something b) Someone who sells something c) Someone who makes something d) 18) Natural Resources a) Things from the Earth that you use b) People that do a job c) Things that people use to do a job d) 19) Capital Resources a) Things that people use to do a job b) People that do a job c) Things from the Earth that you use d) 20) Human Resources a) Things that people use to do a job b) People that do a job c) Things from the Earth that you use d) 21) Bartering a) Trading things without using money b) I give you my snack and you give me your snack c) buying and selling things d) 22) Opportunity Cost a) The price of NOT doing something b) How much money you earn c) The price of a new toy d)

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