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STUDY GUIDE FOR SOCIAL STUDIESUnit 5 Lesson 1: Meeting People’s NeedsJonathan decided to grow apples trees. His apples are goods.There are MANY consumers.A teacher has a service job. She provides a service.A limited resource is when there is not enough of something.A consumer is someone who buys a good and services.A lawyer does not supply goods but a farmer does.The difference between a need and a want:A need is something you have to have in order to survive.A want is something you don’t really need to have to survive like a lipstick, crayons, a new toy, etc.A car mechanic gets paid to get a car fixed. A hair stylist gets paid to get your hair done. Both are paid for their services. Services are jobs that are done to help others.Pete bought a bathing suit so he can swim. The bathing suit is a good. Tina wanted to buy oranges but there were not any at Publix and Winn-Dixie. She only found some at Wal-Mart. The oranges are a limited resource.When things are scarce, the price for the things may go up. A consumer demand is the number of people who need goods and services.STUDY GUIDE FOR SOCIAL STUDIESUnit 5 Lesson 1: Meeting People’s NeedsJonathan decided to grow apples trees. His apples are goods.There are MANY consumers.A teacher has a service job. She provides a service.A limited resource is when there is not enough of something.A consumer is someone who buys a good and services.A lawyer does not supply goods but a farmer does.The difference between a need and a want:A need is something you have to have in order to survive.A want is something you don’t really need to have to survive like a lipstick, crayons, a new toy, etc.A car mechanic gets paid to get a car fixed. A hair stylist gets paid to get your hair done. Both are paid for their services. Services are jobs that are done to help others.Pete bought a bathing suit so he can swim. The bathing suit is a good. Tina wanted to buy oranges but there were not any at Publix and Winn-Dixie. She only found some at Wal-Mart. The oranges are a limited resource.When things are scarce, the price for the things may go up. A consumer demand is the number of people who need goods and services. ................
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