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Social Studies: Goods and Services (Lesson 1)

Total questions: 10

Worksheet time: 3hrs 30mins

Name
Class
Date
1.

When there is not enough of something it is considered a __________

a)

service

b)

limited resource

c)

good

d)

natural resource

2.

_______ is the number of people who need goods and services.

a)

Limited resource

b)

Community

c)

Goods

d)

Consumer demand

3.

People who buy goods and services are called ________

a)

consumers

b)

producers

c)

consumer demand

d)

movers

4.

This person may supply people with GOODS

a)

doctor

b)

police officer

c)

teacher

d)

farmer

5.

There are very few consumers in the world. True or False

a)

True

b)

False

6.

When an item is scarce, or in short supply, the price of the item may go up. True or False

a)

True

b)

False

7.

Services are jobs done to help others. True or False

a)

True

b)

False

8.

You go out to buy some milk. Milk is a ______

a)

service

b)

good

c)

consumer demand

d)

limited resource

9.

You go out to buy some apples but there were none left. Apples are a _______

a)

service

b)

limited resource

c)

need

d)

consumer

10.

When an item is a limited resource, people have to make choices. Select the choices people have when an item is limited.

a)

Call the manager of the store and complain.

b)

Pay more money, buy something different or shop somewhere else.

c)

Trade with a friend who has what you need.

d)

Cry because you can't find the item.