Jeopardy Resources 1 Goods & Services Type of economy Misc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy Resources 2

$100 Question What is a worker in a factory?

$100 Answer A worker in a factory is a Human Resource.

$200 Question What is a tree?

$200 Answer A tree is a Natural Resource.

$300 Question What is Mr. Cookie Baker?

$300 Answer Mr. Cookie baker is a Human Resource.

$400 Question What is a pizza oven?

$400 Answer A pizza oven is a Capital Resource.

$500 Question Which resource is a dump truck?

$500 Answer A dump truck is a Capital Resource.

$100 Question What are money, tools, and equipment?

Money, tools, and equipment are Capital Resources. $100 Answer

$200 Question What was Mr. Cookie Baker’s Oven?

$200 Answer Mr. Cookie Baker’s oven was a Capital Resource.

$300 Question What are important capital resources of a farmer?

$300 Answer Capital resources of a farmer are the farm equipment.

$400 Question What resource was Mr. Cookie Baker?

$400 Answer Mr. Cookie Baker was a Human Resource.

$500 Question What Natural Resources are important for the farmer?

$500 Answer The Farmer’s Natural Resources that are important to him are soil and water.

$100 Question Is a teacher a good or does a teacher provide a service?

$100 Answer A teacher provides a service.

$200 Question Is a computer a good or a service?

$200 Answer A computer is a good.

$300 Question Is a house a good or a service?

$300 Answer A house is a good.

$400 Question Is a nurse a good or does a nurse provide a service?

$400 Answer A nurse provides a service.

$500 Question Is an artist and the painting a good or a service?

$500 Answer The artist provides a service, and the painting is a good.

$100 Question I go to Kroger to purchase groceries, what kind of economy is that?

$100 Answer It is a money economy.

$200 Question Pilgrims traded with the First Americans, what kind of economy was that?

$200 Answer The Pilgrims trading with the First Americans was a barter economy.

$300 Question Bobby traded his baseball cards for a new pair of shoes. What just happened here?

$300 Answer They bartered with each other.

$400 Question What economy uses cash?

$400 Answer The economy that uses cash is a Monitary (money) Economy.

$500 Question You go to the store with $3.00. You have just enough money to buy a model or a game. What do you make?

$500 Answer When you choose what to buy, you’re making an Economic Choice.

$100 Question There is not enough new Extra bouncy balls at Walmart for the people who want to purchase them. What is this called?

$100 Answer When there is not enough of something it is called a scarcity.

$200 Question I want both the dress and shoes. I only purchase the dress. What do you call the shoes?

$200 Answer The shoes are my opportunity cost.

$300 Question What do you call a person who makes a good?

$300 Answer A person who makes a good is a producer.

$400 Question What do you call a person who buys goods in a store?

$400 Answer A person who buys goods at a store is a consumer.

$500 Question What are workers who make a good?

$500 Answer Workers who make goods are called producers.

Final Jeopardy Explain the difference between a need and a want.

Final Jeopardy Answer A need is something you must have in order to survive. A want is something you would really like to have, but you will live without it.