Needs and Wants and Producers and Consumers

Supply is how much of a product there is available to people. True or False?

• True

• False

Consumers are...

• things that people make or grow and then sell.

• work that one person does for another.

• a person who spends money to buy things he or she needs or wants

• soemthing that is needed to produce goods and services.

Which is an example of someone was a producer?

• Making lemonade to sell on a hot summer day.

• Buying lemonade from a lemonade stand.

Which is an example of someone was a consumer?

• Making lemonade to sell on a hot summer day.

• Buying parts at a store to fix your bicycle.

Wants are _______________.

• things we must have to live.

• things we would like to have.

• things we eat and play.

Needs are _____________.

• things we must have to live.

• things we buy at the market.

• things we eat and drink.

I am selling lemonade. Am I a producer or a consumer?

• Producer

• Consumer

What is the primary difference between 'needs' and 'wants'?

• Needs are essential for survival, while wants are not.

• Wants are essential for survival, while needs are not.

• Needs and wants are the same.

• Wants are more important than needs.

Which sentence correctly uses the word 'consumer'?

• The consumer made a delicious cake for the party.

• The consumer bought a new phone yesterday.

• The consumer planted a tree in the backyard.

• The consumer painted a beautiful landscape.

Identify the correct sentence structure: 'Producers create goods, and consumers purchase them.'

• Simple sentence

• Compound sentence

• Complex sentence

• Compound-complex sentence