Anish DesaiPrinciples of Business and Personal Finance- Block 3

Needs1. Shelter- House2. Food and Water3. Money

Wants1. IPod Touch2. New Laptop3. New T.V.

Goods are things that you can see and touch (drinks and clothes) services are activities that are consumed at the same time they are produced (electricity and gasoline).

Services are activities that are consumed at the same time they are produced (electricity and gasoline).

Trees

Water

Plants

Farmers

Factory Workers

Truck Drivers

Buildings

Equipment

Supplies