Social Studies: Economy (May 8)

What is an economy?

• a person who grows or makes things for sale

• a place with lots of open land with few people or buildings

• a chemical or natural material added to soil to increase plant growth

• a system of making and trading things of value

Which community is a place with lots of open land with few people or buildings?

• urban community

• suburban community

• rural community

What kind of community is in this picture?

• urban community

• suburban community

• rural community

Choose all the needs below.

(select all that apply)

• water

• food

• shelter

• God

• family

Choose all the wants in the list below.

(choose all that apply)

• PlayStation

• safety

• Brand-name clothing

• jewelry

• fresh water

Select the picture showing a producer.

(select all that apply)

• 
• 
• 
• 
• 

What is a consumer?

• a person who buys something to eat or use.

• a resource that is bought or sold

• knowledge or tools that help make our jobs easier, faster and safer

• valuable goods or skills

What is it called when a country imports goods from one place and then exports the same goods to another place?

• fertilizer

• producer and consumer

• re-export

• needs and wants

A __________ is a place that has a harbor where ships load and unload goods.

(Write your answer in the box below)

13. An _____________ is a good that is brought into a country.

(Write your answer in the box below)