Unit One- Economics

Match it! Select the correct answer from the pull down...Good luck!

Goods sold to other countries are called _____________________________.

Which is an example of a good?

Goods purchased from other countries are called ____________________.

Which person performs a service?

What is the kind of economy where elder decide about the exchange of goods or services based on custom and tradition?

Things that are made are called _____________________.

A system where people make, consume, and exchange goods is called ______________________.

When a person buys a product, they become a ____________________.