2nd Grade Financial Literacy

A ___________ buys goods and services.

• producer

• consumer

• artist

• seller

A _________ makes a good or provides a service.

• Producer

• Consumer

Carlos owns a donut shop. Is Carlos a producer or consumer?

• Producer

• Consumer

You get lunch in the cafeteria. Are you a producer or a consumer?

• Producer

• Consumer

Anna has a dairy farm. She sells the milk to a dairy factory. Is she a producer or consumer?

• Producer

• Consumer

A pair of shoes is a good or a service?

• Good

• Service

Is a dentist a good or a service?

• Good

• Service

______ are the good things that come from something.

• cost

• benefits

• goods

• services

Javi received $13.50 from his grandmother for his birthday. He wants to buy a new toy, but he puts the money in his piggy bank instead. Is he saving or spending his money?

• Saving

• Spending

Mrs. Neale goes to Target to buy some tissues and a new coffee cup. She purchases clothes, toothpaste, and a candle while there. Is this an example of planned or unplanned spending?

• Planned

• Unplanned