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Page 1: Chapter 1

Mitch Murray

Block 3

Page 2: Chapter 1

Needs:FoodHouseCar

Wants:VacationTvExpensive stuff

Page 3: Chapter 1

Goods are things you can see and touch. Goods are the physical things you buy and use.

Ex.CarFurniture Food

Page 4: Chapter 1

Activities that are consumed at the same time they are produced.

Ex.Maid Hair cutTransportation

Page 5: Chapter 1

Wind WaterPlants

Page 6: Chapter 1

Processed food (ex. Soup)Entrepreneur Farmers/farms

Page 7: Chapter 1

BuildingsEquipmentMoney


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