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Worksheets

Goods and Services

Total questions: 21

Worksheet time: 21mins

Name
Class
Date
1.

What is spending?

a)

Putting your money away to use latter.

b)

Paying out money for goods and services.

2.

What is saving?

a)

Putting your money away to use latter.

b)

Paying out money for goods and services.

3.

How can you earn money?

a)

buying toys

b)

doing chores

4.

The plumber works so that he can earn money to...

a)

buy the things that he wants and needs

b)

sale things that he wants and needs

5.

Greg finds a nickel and puts it in his jar.

a)

spend

b)

save

6.

Giving your birthday money to your parents to put in the bank is...

a)

saving

b)

spending

c)

producer

7.

Windy found a quarter on on the sidewalk. She bought a gumball.

a)

spend

b)

save

8.

Your mom need food to cook dinner.

a)

spending

b)

saving

9.

Juan is going to a birthday party on Friday for his friend. He has $15 and has not bought a gift for his friend. Should he spend or save his money?

a)

Spend some of his money to buy a gift.

b)

Save all of his money and do not buy a gift.

10.

Greg has decided that he wants to buy a new bike that costs $125 and he has $75. Does he need to spend or save his money?

a)

spend

b)

save

11.

What is a service?

a)

someone you work with

b)

things we can hold and use

c)

a job someone does for others

d)

none of the above

12.

What is a good?

a)

something you need to have

b)

someone who helps others

c)

something you make or use

13.

A __________ is somethings we can make or use.

a)

good

b)

service

c)

need

d)

want

14.

A __________ is done by a person.

a)

good

b)

service

c)

need

d)

want

15.

Look at the picture. Is this a good or service ?

a)

good, it is a thing you can use

b)

service, an action to help others

16.

Look at the picture. Are these goods or services ?

a)

Goods, they are things you can use.

b)

Services, they show actions to help others.

17.

What is milk, a good or a service?

a)

good, it is a thing you use

b)

good, you have to have milk

c)

service, you buy it from the store

d)

service, you use it to help cook food

18.

Look at the picture. Is this a good or service ?

a)

good, it is a thing you can use

b)

service, an action to help others

19.

What service does she offer?

a)

babysitting

b)

gardening

c)

dog walking

d)

she does not offer a service

20.

Why would you need his services?

a)

I want help building my house.

b)

He can teach me how to use a hammer.

c)

He will watch me build my house.

d)

He does not provide a service.

21.

Why would his services be needed?

a)

My dog is missing.

b)

Our car has a flat tire.

c)

The microwave is on fire.

d)

You broke your moms phone.