Avery TrendelBlock 3

Needs and Wants Needs

WantsWater

Candy Clothes

New CarShelter

Nice house

GoodsGoods are things that you can see and touch.

ServicesServices are activities that are consumed at

the same time they are produced

Natural ResourcesWaterOilNatural gas

Human ResourcesFarmersFactory workersEntrepreneurs

Capital ResourcesBuildingsEquipmentSupplies