Jobs and Taxes

A job is work in a community that you get money for. There are two types of jobs: Private and Public. A police officer has a public job while a waiter has a private. The government pays for public services with money collected through taxes. People pay for private services.

Jobs supply goods and services. A good is anything that is made e.g. furniture, food, computers. A service is a job that someone does for someone else. For instance, Pro Haircutters (That's the place we go to) is a service.

Food, water, shelter, and clothing are all needs that we need to live. Wants are things you don't need but want. This includes TVs, video games, computers, etc. You don't always get what you want, though. Say that you have $20 and you see hot dogs for $20 and you see an iPod for $20. Which will you choose? You only have $20 so you can't have both.