The document discusses different categories of goods and economic concepts. It mentions needs like food and housing, wants like vacations and expensive items. Goods are physical items that can be seen and touched, like cars, furniture, and food. Some activities are consumed at the same time they are produced, such as haircuts, transportation, and maid services. Natural resources include wind, water, and plants. Processed food, entrepreneurs, and farmers/farms are also briefly mentioned.

1. Mitch Murray Block 3

2. Needs: Food House Car Wants: Vacation Tv Expensive stuff

3. Goods are things you can see and touch. Goods are the physical things you buy and use. Ex. Car Furniture Food

4. Activities that are consumed at the same time they are produced. Ex. Maid Hair cut Transportation

5. Wind Water Plants

6. Processed food (ex. Soup) Entrepreneur Farmers/farms

7. Buildings Equipment Money