2. 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

3. $100 Question What is a worker in a factory?

4. $100 Answer A worker in a factory is a Human Resource.

5. $200 Question What is a tree?

6. $200 Answer A tree is a Natural Resource.

7. $300 Question What is Mr. Cookie Baker?

8. $300 Answer Mr. Cookie baker is a Human Resource.

9. $400 Question What is a pizza oven?

10. $400 Answer A pizza oven is a Capital Resource.

11. $500 Question Which resource is a dump truck?

12. $500 Answer A dump truck is a Capital Resource.

13. $100 Question What are money, tools, and equipment?

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

15. $200 Question What was Mr. Cookie Baker’s Oven?

16. $200 Answer Mr. Cookie Baker’s oven was a Capital Resource.

17. $300 Question What are important capital resources of a farmer?

18. $300 Answer Capital resources of a farmer are the farm equipment.

19. $400 Question What resource was Mr. Cookie Baker?

20. $400 Answer Mr. Cookie Baker was a Human Resource.

21. $500 Question What Natural Resources are important for the farmer?

22. $500 Answer The Farmer’s Natural Resources that are important to him are soil and water.

23. $100 Question Is a teacher a good or does a teacher provide a service?

24. $100 Answer A teacher provides a service.

25. $200 Question Is a computer a good or a service?

26. $200 Answer A computer is a good.

27. $300 Question Is a house a good or a service?

28. $300 Answer A house is a good.

29. $400 Question Is a nurse a good or does a nurse provide a service?

30. $400 Answer A nurse provides a service.

31. $500 Question Is an artist and the painting a good or a service?

32. $500 Answer The artist provides a service, and the painting is a good.

33. $100 Question I go to Kroger to purchase groceries, what kind of economy is that?

34. $100 Answer It is a money economy.

35. $200 Question Pilgrims traded with the First Americans, what kind of economy was that?

36. $200 Answer The Pilgrims trading with the First Americans was a barter economy.

37. $300 Question Bobby traded his baseball cards for a new pair of shoes. What just happened here?

38. $300 Answer They bartered with each other.

39. $400 Question What economy uses cash?

40. $400 Answer The economy that uses cash is a Monitary (money) Economy.

41. $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?

42. $500 Answer When you choose what to buy, you’re making an Economic Choice.

43. $100 Question There is not enough new Extra bouncy balls at Walmart for the people who want to purchase them. What is this called?

44. $100 Answer When there is not enough of something it is called a scarcity.

45. $200 Question I want both the dress and shoes. I only purchase the dress. What do you call the shoes?

46. $200 Answer The shoes are my opportunity cost.

47. $300 Question What do you call a person who makes a good?

48. $300 Answer A person who makes a good is a producer.

49. $400 Question What do you call a person who buys goods in a store?

50. $400 Answer A person who buys goods at a store is a consumer.

51. $500 Question What are workers who make a good?

52. $500 Answer Workers who make goods are called producers.

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

54. 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.