Economics 3rd Grade

Which of the following is an example of a good?

• Laundry Service

• Xbox 1

• Someone mowing your lawn

• Teaching

Which of the following is a service?

• Books

• Food

• Mail Delivery

• Games

What is a producer?

• Someone who buys products.

• Someone who sells products.

• Someone who creates products.

• Someone who throws away products.

A farmer would be considered a ___________?

• Consumer

• Producer

Who buys goods or service?

• Consumer

• Producer

Which of the following is an example of a need?

• Toys

• Games

• TV

• Food

A police officer provides a _________?

• Good

• Service

Which of the following is an example of a want?

• Food

• Water

• Basketball

• Shelter

When you buy an good or service from the store you are a ________?

• Producer

• Consumer

A teacher provides a _______?

• Good

• Service