Chapter 1

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Chapter 1

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

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