The Basics of Economics Reading Questions for Unit 1 addresses essential terminology such as needs, wants, labor, natural resources, capital goods, entrepreneurship, scarcity, tradeoff, and more! The Honors Reading Questions allow students to provide examples of factors that affect wants and needs. Students will additionally research real-world examples of each factor of production.The correlating Honors: Basics of Economic Reading Questions align with the Honors: Basics of Economics Reading.