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Economics Word Association Economy/Economics Goods Products Commodity Manufacture Produce/Production Industry Tourism/Tourist Trade Export Import Currency Consumer Petroleum Fossil Fuels Agriculture Irrigation Livestock Minerals Poverty Jobs and Money Stuff To Make (Stuff) (Category of) Jobs Vacation Buying and Selling Sell (to other countries) Buy (from other countries) Money (from different countries) Buyer/User Oil Coal, Oil and Natural Gas Farming and Ranching Watering Animals (Valuable) Rocks Poor
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What is the production, distribution, and use of resources, goods and services? Economics Jobs and Money
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What is anything that can be sold for a profit? Goods Products Commodities Stuff
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What is making items to be sold called? Manufacturing Producing Making Stuff
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What are the buildings called where manufacturing or producing occurs? Factories
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What are an entire category of jobs called? Industry
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What is the entire category of jobs that provide services to customers rather than producing products called? Service Industry
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Give an example of a service industry job. TeachersTeachers AccountantAccountant Waiter or WaitressWaiter or Waitress DishwasherDishwasher MascotsMascots etcetc
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What industry makes money from people on vacation? Tourism
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What is a person on vacation called? Tourist
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What is buying and selling of goods and services called? Trade
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What is selling goods to another country called? Export Exports exit the country
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What is buying goods from another country called? Import Imports come into the country
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What is money from different countries called? Currency
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What is a person who buys and uses goods, commodities or products called? Consumer
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What is a simpler word for petroleum? Oil
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What are fuels formed from the prehistoric remains of plants and animals that died millions of years ago? Fossil Fuels Coal, Oil (Petroleum) and Natural Gas
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Name the three fossil fuels. 1.Coal 2.Oil (Petroleum) 3.Natural Gas
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Do you put natural gas in your car? No Gasoline
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What is gasoline made from? Oil Petroleum
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Which fossil fuel is burnt when non-electric stoves are used? Natural Gas
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What is farming and ranching called? Agriculture
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What is watering crops called? Irrigation
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What is the act of raising animals for food called? Ranching
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What are animals raised for food called? Livestock
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What are valuable inorganic (not alive nor formed from living beings) materials found naturally in the ground called? Minerals
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Give an example of a mineral. Metals Gold Copper Iron Ore Zinc Diamonds
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What is the process of digging for minerals? Mining
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Is a carrot a mineral? No Carrots are organic (alive) Minerals are inorganic (not alive nor formed from living beings)
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What is the condition of being so poor so as to not have the means to afford basic human needs such as clean water, food, clothing, shelter, health care and education? Poverty
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What are mandatory payments, usually a percentage, placed on income, property value, sales price, etc for the support of a government? Taxes
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Why do we have to pay $1.07 for a soda that costs $0.99? Sales Tax
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Define economics. The production, distribution, and use of resources, goods and services Jobs and Money
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What are goods, products or commodities? Anything that can be sold for a profit Stuff
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What is manufacturing or producing? Making items to be sold Making Stuff
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What are factories? Buildings where manufacturing or producing occurs
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What are industries? Category of jobs
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What are service industries? Jobs that provide services to customers rather than producing products
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What is tourism? The industry that makes money from people on vacation
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What is a tourist? Person on vacation
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What is trade? Buying and selling of goods and services
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What are exports? Goods which are sold to another country
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What are imports? Goods which are bought from another country
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What is currency? Money from different countries
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What is a consumer? Person who buys and uses goods/products/commodities
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What is another word for Oil? Petroleum Oil Wells
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What are fossil fuels? Fuels formed from the prehistoric remains of plants and animals that died millions of years ago Coal, Oil and Natural Gas
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What are coal, oil and natural gas? Fossil Fuels
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What do you put in your car? Gasoline
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What is gasoline? Fuel made from oil (Petroleum)
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What is agriculture? Farming and Ranching
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What is ranching? The act of raising animals for food
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What is irrigation? Watering crops
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What is livestock? Animals raised for food
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What are minerals? Valuable inorganic (not alive nor formed from living beings) materials found naturally in the ground
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What is mining? The process of digging for minerals
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What is poverty? The condition of being so poor so as to not have the means to afford basic human needs such as clean water, food, clothing, shelter, health care and education.
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What are taxes? Mandatory payments, usually a percentage, placed on income, property value, sales price, etc. for the support of a government
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What is a synonym for goods? Products Commodities
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What is a synonym for products? Goods Commodities
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What is a synonym for commodity? Goods Products
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What is a synonym for manufacturing? Producing
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What is a synonym for producing? Manufacturing
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Economics Word Association Economy/Economics Goods Products Commodity Manufacture Produce/Production Industry Tourism/Tourist Trade Export Import Currency Consumer Petroleum Fossil Fuels Agriculture Irrigation Livestock Minerals Poverty Jobs and Money Stuff To Make (Stuff) (Category of) Jobs Vacation Buying and Selling Sell (to other countries) Buy (from other countries) Money (from different countries) Buyer/User Oil Coal, Oil and Natural Gas Farming and Ranching Watering Animals (Valuable) Rocks Poor
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