a person who buys and uses products and services

someone who makes goods or provides a service

something you can touch and hold, like a toy or a piece of fruit

something someone does for you, like a teacher teaching or a dentist cleaning your teeth

things you would like to have but can live without, like toys, candy, or a new video game.

things you must have to stay healthy and safe, like food, water, clothes, and a safe place to sleep

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Economics

Understanding Money and Choices

Term	Definition
Consumer	a person who buys and uses products and services
Producer	someone who makes goods or provides a service
Goods	something you can touch and hold, like a toy or a piece of fruit
Services	something someone does for you, like a teacher teaching or a dentist cleaning your teeth
Wants	things you would like to have but can live without, like toys, candy, or a new video game.
Needs	things you must have to stay healthy and safe, like food, water, clothes, and a safe place to sleep