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How We Organize Ourselves- Economy

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Which is a good?

a)
b)
c)
2.

Which is a service?

a)
b)
c)
3.

Which is a service?

a)
b)
c)
4.

Which is a good?

a)
b)
c)
5.

What does it mean to trade goods and services without money?

a)

money

b)

bartering

c)

buying

d)

selling

6.

A consumer is

a)

Someone who buys goods and services

b)

Someone who makes goods and services

c)

Someone who eats a lot of food.

7.

A consumer is the ___________ of the marketplace

a)

owner

b)

king

c)

buyer/shopper

8.

If Tommy traded his lunch for a soccer ball, this would be an example of ___________________.

a)

buying

b)

selling

c)

bartering

9.

A producer is_____________

a)

someone who makes things to sell

b)

someone who buys things

c)

someone who has lots of goods and services

10.

When you give someone money for a good or a service, you are______________

a)

buying

b)

selling

c)

trading

11.

True or False: A good is something that someone does for you.

a)

True

b)

False

12.

True or False: A service is something that you buy.

a)

True

b)

False

13.

True or False: Community Workers provide goods and services.

a)

True

b)

False

14.

On your paper: Give three examples of a good you would put in a sports store or a toy store.

a)

done

b)

not done

15.

A store is making t shirts. Many people like blue t-shirts but not red. What would you do if you were the producer. Write it on you paper

a)

done

b)

not done