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Goodsandservices matching-worksheet
1.
Word Matching Name:____________________ Match
the following words or phrases on the left with their definitions on the right. Write the correct letter of the definition in the blank next to the word or phrase. Then answer the question below. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. profit ___ public services ___ counterfeit ___ sales tax ___ interest ___ goods ___ salary ___ producers ___ public utilities ___ wants ___ © 2001 New SVE, Inc. A. forged currency not produced by the government B. a form of payment to people in exchange for labor or services C. the amount of money that a credit card company charges; it is a percentage of the money spent that adds to the amount you owe over time D. a tax the government charges on things you buy E. services that are not run by the government but are regulated by the government to be sure they are fair to the members of communities F. desires that may be fulfilled through the con- sumption of a good or service, such as a new CD or golf clubs G. the difference between revenue and cost, or how much money is earned minus how much was spent to make that money H. the people and companies that make goods, like farmers who grow food that you buy I. things people make that you can hold or touch and satisfy consumers’ needs and wants J. services provided by the government such as public education and postal service What are the three items pictured to the left? (choose from the vocabulary above) _____________________
2.
Name:____________________ Look at each
picture. Circle GOOD if it shows a good or SERVICE if it shows a service. Then, at the bottom of this page, draw your own example of a good and a service. © 2001 New SVE, Inc. GOOD SERVICE GOOD SERVICE GOOD SERVICE GOOD SERVICE GOOD SERVICE GOOD SERVICE GOOD SERVICE Goods & Services
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