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Buying and Selling

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

A ______________ is someone who buys goods or services from a company.

a)

Producer

b)

Customer

c)

Seller

d)

Resource

2.

People need ________________ to work.

a)

abilities

b)

money

c)

houses

d)

words

3.

Having a limited amount of something is ______________.

a)

goods

b)

services

c)

supply

d)

scarcity

4.

What do you call a plan for using money?

a)

idea

b)

supply

c)

resource

d)

budget

5.

A ________________ is a group of workers who provide goods or services.

a)

customer

b)

business

c)

school

d)

hospital

6.

___________________ make and sell goods to customers.

a)

Consumers

b)

People

c)

Producers

d)

Budget

7.

____________ are things that can be made and sold.

a)

Goods

b)

Services

c)

Stores

d)

Budgets

8.

______________ make and sell goods to customers.

a)

Pencils

b)

Bunny rabbits

c)

Goods

d)

Producers

9.

How much money a person pays for a good or service is the __________.

a)

customer

b)

producer

c)

price

d)

scarcity

10.

Countries trade ______________, ______________, and ____________.

a)

budgets, money, and goods

b)

producers, consumers, and money

c)

ships, animals, and flags

d)

goods, services, and resources

11.

What are three ways to use money?

a)

eat it

spend it

throw it out the window

b)

save it

spend it

give it away

c)

save it

burn it

spend it

d)

clean it

print it

save it