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Worksheets

Goods and Services

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

What is an example of a consumer?

a)

a farmer who grows corn

b)

a person who buys books

c)

an artist who sells paintings

d)

a worker who fixed trucks

2.

Doctor, writer, and teacher are all PROFESSIONS. What is a PROFESSION?

a)

a job

b)

a good

c)

a need

d)

a law

3.

Grandpop wants to buy a new camera. What should he do?

a)

Look at a few stores and compare prices

b)

Run to the closest store and buy a camera

c)

Buy the camera with the highest price

d)

Get the camera that looks the prettiest

4.

Which provides both goods and services?

a)

A babysitter

b)

A bus driver

c)

A post office

d)

A family

5.

Which happens LAST?

a)

The store lowers the prices of the notebooks

b)

Customers start buying more notebooks

c)

Very few people buy the notebooks

d)

A store gets a large supply of notebooks

6.

Who makes or grows goods or offers services?

a)

producers

b)

consumers

c)

demanders

d)

resources

7.

At the market, Moby buys apples that have been grown locally. Where do you think the apples were grown?

a)

In a different state

b)

In another country

c)

Under the ground

d)

Near his community

8.

Moby and Mia decide to BARTER. Mia will make Moby a snack. In return, Moby will wash the dishes for Mia. What does BARTER mean?

a)

To become good friends

b)

To disagree or argue

c)

To buy goods or services

d)

To trade goods or services

9.

A toy store has a large supply of blocks and wants to sell more of them. How can the store sell more blocks?

a)

Throw out the supply of boxes

b)

Stop advertising the blocks

c)

Lower the prices of the blocks

d)

Raise the prices of the blocks

10.

Which happens FIRST?

a)

Cotton goes to a mill to be turned into fabric

b)

Shirts get sent to stores and sold to customers

c)

Farmers grow and harvest cotton plants

d)

Fabric goes to a factory to be turned into shirts