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SS ch 4 people at work

AB
human resourcespeople such as farm workers,machine operators, and those who run the business
capital resourcesbuildings, tools, and machinery
scarcitywe don't have enought resources to produce the goods and services we want
barterpeople exchange goods and services without using money
tradebuying and selling goods and services
specializefarmers choose to grow mainly one crop
pricethe amount of money consumers pay for goods and services
banka safe place where people can keep their money until they need to use it
savings accounta service provided by a bank where the bank keeps your money until you need to take it out
goodsthings that people make or grow to sell
factorybuilding where people work to make goods
servicesjobs people do that help other people
producera person who makes or grows something
consumersomeone who buys for uses goods and services
incomemoney that people earn
needsthings people must have to live
sheltersomething that protects and covers
wantsthings people would like to have


Grade 2
Jenkins

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