“jeopardy”
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“Jeopardy”. Economics. Resources: 1 point. People working to produce goods and services. Human Resources. Resources : 2 points. Materials that come directly from nature. Natural Resources. Resources : 3 points. Goods made by people & used to produce other goods and services. - PowerPoint PPT PresentationTRANSCRIPT
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“Jeopardy”
Economics
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Resources Making Choices
Goods & Services Economics
1 1 1 1
2 2 2 2
3 3 3 3
4 4 4 4
5 5 5 5
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Resources: 1 pointPeople working to
produce goods and services.
Human Resources
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Resources : 2 pointsMaterials that come
directly from nature.
Natural Resources
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Resources : 3 pointsGoods made by people &
used to produce other goods and services.
Capital Resources
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Resources: 4 pointsI am a laptop. What
kind of resource am I?
Capital Resource
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Resources: 5 pointsI am a farmer. What
kind of resource am I?
Human Resource
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Making Choices: 1 pointPeople are both and
.
Producers & Consumers
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Making Choices: 2 pointsA person who uses
resources to make goods and/or provide services.
Producer
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Making Choices: 3 pointsA person who uses
goods and services.
Consumer
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Making Choices: 4 pointsAt recess, the class has 3
playground balls for 21 students. This is an example of
.
Scarcity
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Making Choices: 5 pointsWhy do people have
to make economic choices?
Because resources/goods & services are limited
(scarce)
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Goods & Services: 1 pointGood or Service?
Service
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Goods & Services: 2 points
Good or Service?
Good
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Goods & Services: 3 points
A student made popcorn to see at the school fair. The popcorn is a
.
Good
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Goods & Services: 4 points
When a person visits the dentist for a check-up, the dentist is a .
Service
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DAILY DOUBLE
They were bartering.
Good Luck!
As a team, decide how many of the points you already have you wish to wager.
If you get the question correct, you will earn double the points you wagered.If you get the question incorrect, you will lose the points you wagered.
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Economics: 1 pointWhat do we use to
buy goods and services? ,
, and .
Coins, Paper Bills, & Checks.
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Economics: 2 pointsWhen you exchange
goods & services without the use of money…
Barter
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Economics: 3 pointsMark used all of his coins
in his piggy bank to buy a toy. What is this type of exchange called?
Money
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Economics: 4 pointsDana & Jill want to go ice skating.
If they clean out the garage, their mother will accept their chores as payment for the ice-skating. What is this type of exchange called?
Bartering
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DAILY DOUBLE
I am ScarcityGood Luck!
As a team, decide how many of the points you already have you wish to wager.
If you get the question correct, you will earn double the points you wagered.If you get the question incorrect, you will lose the points you wagered.