Economics Quiz - BrainPOP Jr. videos

Grandpop wants to buy a new camera. What should he do?

• Look at a few stores and compare prices.

• Run to the closest store and buy a camera.

• Buy the camera with the highest price.

• Get the camera that looks the prettiest.

Which provides both goods and services?

• A babysitter

• A bus driver

• A post office

• A family

What is an example of a consumer?

• A farmer who grows corn

• A person who buys books

• An artist who sells paintings.

• A worker who fixes trucks.

What do people need to live?

• Air, food, water, and shelter

• Toys, candy, books, and bikes

• Ponds, deserts, forests, and mountains

• Librarians, teachers, principals, and students

What goods might a baker sell?

• Bikes and skateboards

• Computers and phones

• Bread and pies

• . Shampoos and soaps

Mia and Moby BARTER. Mia knits Moby a scarf, and Moby cleans Mia’s room. What does BARTER mean?

• . to pay for something with money

• to trade goods and services

• to make or clean something

• to save money

Which is an example of a producer?

• A farmer who grows vegetables

• A student who buys books.

• A person who trades coins.

• A person who buys groceries.

Which sentence is TRUE?

• A consumer is someone who sells goods and services

• People need bikes and skateboards to live.

• Communities help people meet their needs

• A want is something you must have to live

Moby makes a BUDGET. He figures out how much things cost, how much he earns, and how much he can spend. What is a BUDGET?

• A person who offers a service

• A person who grows or makes something.

• A plan to save and spend money.

• A place to keep money

A farmer and a dentist are both producers. What is a producer?

• A person who sells goods and services.

• A person who buys goods and services.

• Something you need to live.

• Something you would like to have.