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3rd Grade Economics Vocabulary
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3rd Grade Economics Vocabulary
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25 Questions

1. the desire or need for a product

2. things people make or grow

3.
an institution that provides financial services

4.
the money that a business makes after paying its bills

5.
what you give up in order to get what you want

6.
things we must have to live

7.
a system of money in general use in a particular country.

8.
Japanese currency

9. a person who buys a product or a service

10.
the money a worker is paid

11.
a shortage or lack of supply of a product

12. a producer that does not earn a profit

13.
things that add comfort and pleasure to your life

14.
resources that occur naturally

15. someone who makes a product or offers a service

16.
large supply of an item

17.
European currency

18.
the exchange of one kind of product or service for another

19. the way a country produces and uses goods and services

20.
to send out products to sell

21.
a basic unit of money in the U.S., Canada, Australia, and other countries that is equal to 100 cents

22.
when businesses or people depend on each other for goods and services

23.
made by people and used to produce other goods and services

24. the amount of goods offered for sale by a business

25.
a plan for saving and spending money

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