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SF- 1st Grade Econ.

1st Grade Economics terms

TermDefinition
Goods Things you can buy with money and touch or hold.
Services Jobs that you pay someone to do for you.
Producer Someone who makes goods or does a service.
Consumer Someone who spends money on goods or services.
Spending Using money to get something you want.
Saving Keeping your money to use later.
Needs Things that we must have to survive.
Wants Things that make us happy, but we don't have to have them.
Created by: user-2063149
 

 



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