Using income for purchases, expenses, and debt
Basic Economics

Flashcard
•
Social Studies
•
7th Grade
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
Back
spending
2.
FLASHCARD QUESTION
Front
things purchased by consumers
Back
goods
3.
FLASHCARD QUESTION
Front
A person who provides a good or service
Back
producer
4.
FLASHCARD QUESTION
Front
A person who purchases a good or service
Back
consumer
5.
FLASHCARD QUESTION
Front
Basic things humans need to survive
Back
need
6.
FLASHCARD QUESTION
Front
how much of a good or service consumers want
Back
demand
7.
FLASHCARD QUESTION
Front
The amount available
Back
supply
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