Jeopardy Resources Resources Goods & 1 2 Services Type of economy Misc. Q $100 Q $100 Q $100 Q $100 Q $100 Q $200 Q $200 Q $200 Q $200 Q $200 Q $300 Q $300 Q $300 Q $300 Q $300 Q $400 Q $400 Q $400 Q $400 Q $400 Q $500 Q $500 Q $500 Q $500 Q $500 Final Jeopardy $100 Question What is a worker in a factory? $100 Answer A worker in a factory is a Human Resource. $200 Question What is a tree? $200 Answer A tree is a Natural Resource. $300 Question What is Mr. Cookie Baker? $300 Answer Mr. Cookie baker is a Human Resource. $400 Question What is a pizza oven? $400 Answer A pizza oven is a Capital Resource. $500 Question Which resource is a dump truck? $500 Answer A dump truck is a Capital Resource. $100 Question What are money, tools, and equipment? $100 Answer Money, tools, and equipment are Capital Resources. $200 Question What was Mr. Cookie Baker’s Oven? $200 Answer Mr. Cookie Baker’s oven was a Capital Resource. $300 Question What are important capital resources of a farmer? $300 Answer Capital resources of a farmer are the farm equipment. $400 Question What resource was Mr. Cookie Baker? $400 Answer Mr. Cookie Baker was a Human Resource. $500 Question What Natural Resources are important for the farmer? $500 Answer The Farmer’s Natural Resources that are important to him are soil and water. $100 Question Is a teacher a good or does a teacher provide a service? $100 Answer A teacher provides a service. $200 Question Is a computer a good or a service? $200 Answer A computer is a good. $300 Question Is a house a good or a service? $300 Answer A house is a good. $400 Question Is a nurse a good or does a nurse provide a service? $400 Answer A nurse provides a service. $500 Question Is an artist and the painting a good or a service? $500 Answer The artist provides a service, and the painting is a good. $100 Question I go to Kroger to purchase groceries, what kind of economy is that? $100 Answer It is a money economy. $200 Question Pilgrims traded with the First Americans, what kind of economy was that? $200 Answer The Pilgrims trading with the First Americans was a barter economy. $300 Question Bobby traded his baseball cards for a new pair of shoes. What just happened here? $300 Answer They bartered with each other. $400 Question What economy uses cash? $400 Answer The economy that uses cash is a Monitary (money) Economy. $500 Question You go to the store with $3.00. You have just enough money to buy a model or a game. What do you make? $500 Answer When you choose what to buy, you’re making an Economic Choice. $100 Question There is not enough new Extra bouncy balls at Walmart for the people who want to purchase them. What is this called? $100 Answer When there is not enough of something it is called a scarcity. $200 Question I want both the dress and shoes. I only purchase the dress. What do you call the shoes? $200 Answer The shoes are my opportunity cost. $300 Question What do you call a person who makes a good? $300 Answer A person who makes a good is a producer. $400 Question What do you call a person who buys goods in a store? $400 Answer A person who buys goods at a store is a consumer. $500 Question What are workers who make a good? $500 Answer Workers who make goods are called producers. Final Jeopardy Explain the difference between a need and a want. Final Jeopardy Answer A need is something you must have in order to survive. A want is something you would really like to have, but you will live without it.