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    Chapter 1 Chapter 1 Presentation Transcript

    • Mitch Murray Block 3
      • Needs:
        • Food
        • House
        • Car
      • Wants:
        • Vacation
        • Tv
        • Expensive stuff
      • Goods are things you can see and touch. Goods are the physical things you buy and use.
      • Ex.
        • Car
        • Furniture
        • Food
      • Activities that are consumed at the same time they are produced.
      • Ex.
        • Maid
        • Hair cut
        • Transportation
      • Wind
      • Water
      • Plants
      • Processed food (ex. Soup)
      • Entrepreneur
      • Farmers/farms
      • Buildings
      • Equipment
      • Money