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