21
Lesson 21 of 84 · Economics
Shopping at the Store
Producers make goods or provide services. Consumers buy and use them. A farmer is a producer; when you eat the food, you are a consumer.
Key Facts
1
Needs are different from wants.
2
Money helps people buy things.
3
Saving means keeping money for later.
Check Your Understanding
Question 1
1 of 2What is the difference between needs and wants?