1. People often like to have a lot of material goods but water, food and shelter are basic .......... people and other animals require to stay alive.

2. When someone really likes a product but that item is not necessary to stay alive, the product is called a .......... or a luxury.

3. The earth supplies us with many beautiful things as well as many natural, raw materials. These usable materials are called .......... .

4. There are many companies that manufacture products and consumers buy them. The products that people buy are called .......... .

5. Companies will often use raw materials in order to turn them into usable products that consumers need and want. This process is called .......... .

6. Some companies, don't specialize in manufacturing, but rather they do work, for a fee, for other people. This work in known as a .......... .

7. Every country experiences .......... at some point or another. This is when a country's wants are larger than the available resources.

8. Whether it's a natural resource or not, every possible use of a resource is called an .......... .

9. Any item or material that people use to manufacture products or use in order to provide services is called a .......... .

10. There are many companies around the world. The people who own each individual business are called