4th Grade Social Studies Chapters 11-12

What are the three main parts of our environment?

• air

  water

  land

• water

  wind

  forests

• forests

  air

  sky

• land

  water

  sky

Who is a consumer?

• A person who buys goods and services.
• A smart shopper
• A person who makes and sells goods and services.
• Someone who spends money constantly. 

What are goods?

• Things in the world.
• Things that are made or grown and then sold.
• Only positive things that happen to consumers.
• An activity that a business or person trades for payment.

What are services?

• An activity that a business or person trades for payment.
• Services include clothing, food, and water.
• An item produced in an economy that you exchange money for.
• There are no services in our current economy. 

What is a producer?

• Producers are only used in the music industry.
• A person who makes and sells goods and/or services.
• A person purchasing the good or service.
• Producers and consumers are the exact same thing.

Economy is...

• The wealth and resources of a country or region.
• Something we talked about in the old days only.
• Not something kids need to know.
• Something that is made up by the government.

What is a want?

• Something you have to have to survive.

• Something you don’t need to survive but would like to have.

• Someone who buys something.

What is a need?

• Something that you have to have in order to survive.

• Something you do not need in order to survive but would like to have.

• Someone who buys something.

Which of the following is an example of a want?

• House

• Winter clothes

• Food

• iPad

Which of the following is an example of a need?

• Bicycle

• Jacket

• X-box

• Cat