Slide 1

Slide 2 Acquiring Goods and Services Using Barter and Money SOL 2.8 Review Slide 3 What term is used to describe the exchange of goods and services without the use of money? A. Debt Debt B. SavingSaving C. Barter Barter D. CreditCredit Slide 4 Sorry! Try Again! Slide 5 Correct! Slide 6 What term describes coins and paper bills used in the exchange for goods and services? A. CreditCredit B. MoneyMoney C. DebtDebt D. BarterBarter Slide 7 Sorry! Try Again! Slide 8 Correct! Slide 9 Peggy and Bev want to go ice-skating. If they clean out the garage, their mother will accept their chores as payment for the ice-skating. What is this type of exchange called? A. MoneyMoney B. CreditCredit C. CoinsCoins D. BarterBarter Slide 10 Sorry! Try Again! Slide 11 Correct! Slide 12 Mike used all of his coins in his piggy bank to buy a toy. What is this type of exchange called? A. MoneyMoney B. CreditCredit C. CoinsCoins D. BarterBarter Slide 13 Sorry! Try Again! Slide 14 Correct! Slide 15 Not being able to meet all wants at the same time is known as __________. A. moneymoney B. scarcityscarcity C. barterbarter D. creditcredit Slide 16 Sorry! Try Again! Slide 17 Correct! Slide 18 What term describes a person who uses goods and services? A. ScarcityScarcity B. Human ResourceHuman Resource C. ConsumerConsumer D. SavingsSavings Slide 19 Sorry! Try Again! Slide 20 Correct!! Slide 21 What term describes a person who uses resources to make other goods and or provide services? A. CostCost B. BarterBarter C. ScarcityScarcity D. ProducerProducer Slide 22 Sorry! Try Again! Slide 23 Correct!! Slide 24 A worker in a factory that builds chairs is called a _______________. A. consumerconsumer B. producerproducer C. bankerbanker D. farmerfarmer Slide 25 Sorry! Try Again! Slide 26 Correct!! Slide 27 A person who shops at the clothing store is called a ____________. A. consumerconsumer B. natural resourcenatural resource C. capital resourcecapital resource D. producerproducer Slide 28 Sorry! Try Again! Slide 29 Correct!! Slide 30 At recess, the class has three playground balls for 21 students. This is an example of ___________. A. barterbarter B. moneymoney C. scarcityscarcity D. resourceresource Slide 31 Sorry! Try Again! Slide 32 Correct!! Slide 33 When a person visits the dentist for a check up, the dentist is ____________. A. producing a goodproducing a good B. providing a serviceproviding a service C. displaying scarcitydisplaying scarcity D. using barterusing barter Slide 34 Sorry! Try Again! Slide 35 Correct!! Slide 36 The students made popcorn to sell at the fair. The popcorn is a _________. A. serviceservice B. scarcityscarcity C. barterbarter D. goodgood Slide 37 Sorry! Try Again! Slide 38 Correct!!