Term 2 Social Studies Test.

A child who goes out to eat at Chick fil A is a

• consumer

• producer

The person or business that provides goods is a

• producer

• consumer

• borrower

Your dad buys the family a brand new swimming pool.

• need

• want

Your grandma takes your little brother to the eye doctor. She has to buy him a new pair of glasses.

• need

• want

A new play station came just game out in Walmart and you really want it!

• need

• want

What is a tax?

• Money given to school

• Money paid to government

• Money earned by working

On a hot day, what is the EFFECT of the weather on your ice cream?

• You eat ice cream in the summer
• It stays the same
• It is chocolate
• It melts

CAUSE: It was very cold outside, so... What is the effect?

• I wore my flipflops.

• I wore a warm coat.

What do many people earn money by doing?

• Selling goods

• Playing games

• Watching TV

• Eating food

When you save your money, what do you need to do?

• Spend it right away

• Wait longer to buy something

• Give it away

• Hide it from everyone