Social Studies Module 19 Assignment

AbdurRahman's business is selling books. Is he selling a good or service?

• good

• service

Abdullah's business is selling his old toys. Is he selling a good or a service?

• good

• service

Aleena's business is selling ice cream cones. Is she selling a good or a service?

• good

• service

Syed Noorullah's business is raking leaves in the summer and shoveling snow in the winter. Is he selling a good or service?

• good

• service

A person who starts and runs their own business is called?

• consumer

• producer

• entrepreneur

• serviceman

Explain what you will do in your business if supply is up and demand is down. Find your business example below and explain what you will do in this situation.

Aleena: You have alot of ice cream but it is winter time and there are only a little customers coming by to buy ice cream.

AbdurRahman: You have 10 copies of the book, "Charlotte's Web", but noone is buying the book.

Abdullah: You have alot of toys but only one kid comes by every week and buys 1 toy.

Syed Noorullah: It is winter time, there is alot of snow but not many people are calling you to shovel snow for them. They have been shoveling their own snow.