NEW
Font size
WorksheetsMarket unit
Total questions: 17
Worksheet time: 10mins
What is a good?
Something you can buy and touch with your hands
Something nice you do for a friend
Something you use to make wood
Does this show a good or a service?
good
service
Does this show a good or a service?
good
service
If you purchase a shirt, you are a …
Seller
Buyer
If you are a shopkeeper, you are a
Buyer
seller
Good
What is a Market?
a place where we buy medicines
a place to popularise products
a place where goods and services are exchanged for a price
a place where we buy Cars
Buying and selling also takes place without going to the market but through online marketing.
True
False
A market is not always a physical place
True
False
I bought a bracelet for my friend. Who am I?
Producer
Consumer
Buyer
Seller
Goods and services that are NOT necessary
Needs
Wants
Capital
Profit
Goods and services that are required
needs
wants
supply
demand
Water is a __________.
want
need
A farmer grows grapes to sell. He is the __________ of grapes.
Producer
Consumer
Buyer
Seller
