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How We Organise Ourselves Vocabulary

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What a person gains from buying something.

a)

Consumer

b)

Benefit

c)

Cost

d)

Money

2.

Someone who buys goods and uses services.

a)

Producer

b)

Farmer

c)

Banker

d)

Consumer

3.

What a person gives up to buy something.

a)

Price

b)

Money

c)

Cost

d)

Benefit

4.

The need or desire for a good or service. If there is a demand for something, many people need or want it.

a)

Demand

b)

Cost

c)

Supply

d)

Benefit

5.

To get money for work done.

a)

Producer

b)

Services

c)

Earn

d)

Supplier

6.

A thing you can touch that can be bought and sold.

a)

Services

b)

Product

c)

Money

d)

Good

7.

Anywhere goods and services are bought and sold.

a)

Retailer

b)

Market

c)

Wholesaler

d)

Distributor

8.

The amount of money people pay for a good or service.

a)

Earn

b)

Price

c)

Money

d)

Cost

9.

Someone who makes a good or provides a service.

a)

Consumer

b)

Manufacturer

c)

Producer

d)

Distributor

10.

Things used to create goods and services. Can also be referred to as 'raw materials'.

a)

Materials

b)

Resource

c)

Goods

d)

Services

11.

Work done by someone for others.

a)

Product

b)

Good

c)

Money

d)

Service

12.

The amount of a good or service available.

a)

Supply

b)

Materials

c)

Resources

d)

Demand

13.

A person or organisation that provides something needed such as a product or service.

a)

Consumer

b)

Distributor

c)

Supplier

d)

Retailer

14.

The basic material(s) from which a product is made.

a)

Wood

b)

Cacao

c)

Raw materials

d)

Resources

15.

The sequence of processes involved in the production and distribution of a product.

a)

Network

b)

Wholesaler

c)

Supply chain

d)

Manufacturing

16.

A person or company that makes goods for sale.

a)

Manufacturer

b)

Distributor

c)

Retailer

d)

Wholesaler

17.

An agent who supplies goods to retailers.

a)

Retailer

b)

Distributor

c)

Manufacturer

d)

Wholesaler

18.

A person or organisation that brings goods or services into a country from abroad for sale.

a)

Exporter

b)

Distributor

c)

Retailer

d)

Importer

19.

A person or company that sells goods in large quantities at low prices, typically to retailers.

a)

Retailer

b)

Consumer

c)

Wholesaler

d)

Manufacturer

20.

A person or business that sells goods to the public in relatively small quantities for use or consumption rather than for resale.

a)

Seller

b)

Retailer

c)

Distributor

d)

Consumer