NEW
Font size
S
M
L
XL
WorksheetsConsumers & Producer Vocab
Total questions: 13
Worksheet time: 7mins
Name
Class
Date
1.
The amount of a good or service that is available to consumers
a)
Supply
b)
Demand
c)
Saver
d)
Spender
2.
Someone who buys and uses goods and services
a)
Producer
b)
Consumer
c)
Spender
d)
Borrower
3.
The person or business that provides goods and services
a)
Borrower
b)
Consumer
c)
Producer
d)
Saver
4.
The amount of a good or service that is available to consumers
a)
Supply
b)
Demand
c)
Income
d)
Taxes
5.
The desire of consumers for a good or service
a)
Demand
b)
Saver
c)
Producer
d)
Taxes
6.
A person who doesn't spend all the money he/she earns
a)
Spender
b)
Saver
c)
Taxes
d)
Demand
7.
Any money that you earn or receive from someone
a)
Borrower
b)
Saver
c)
Income
d)
Taxes
8.
Money that people must give to the government to pay for community needs
a)
Taxes
b)
Savings
c)
Borrower
d)
Consumer
9.
A person who uses someone else's money, usually a bank, and agrees to pay it back
a)
Loan
b)
Spender
c)
Borrower
d)
Saver
10.
Real items, such as cars, watches, and clothing; things people make
a)
Goods
b)
Services
c)
Needs
d)
Borrower
11.
Work that is done for other people, often money
a)
Taxes
b)
Services
c)
Income
d)
Goods
12.
Goods or services that are required. Examples: food, clothing, shelter
a)
Needs
b)
Wants
c)
Producer
d)
Supply
13.
Goods or services that are not necessary, but that we desire or wish for. Examples: video games, toys
a)
Demand
b)
Needs
c)
Wants
d)
Presents
Reset
