WorksheetsEconomics: Resources and Roles
Total questions: 15
Worksheet time: 32mins
What is a natural resource?
A type of food
Something found in nature that people use
A kind of animal
A type of machine
Why are trees considered a natural resource?
They are used to make paper and build things
They are not useful to humans
They are man-made
They are only found in cities
Who is a producer in the economy?
Someone who buys goods
Someone who makes or grows goods
Someone who uses services
Someone who saves money
Which of the following is an example of a producer?
A tractor
A farmer
A student
A shopper
How do producers decide what to make?
By guessing what people want
By listening to music
By understanding what consumers need and want
By watching TV
Who is a consumer in the economy?
Someone who makes goods
Someone who buys and uses goods and services
Someone who sells goods
Someone who grows food
What is the difference between goods and services?
Goods are things you can touch, services are activities done for you
Goods are activities, services are things you can touch
Goods and services are the same
Goods are free, services cost money
Which of the following is a service?
A book
A haircut
A toy
A sandwich
How can a consumer decide which goods to buy?
By choosing the first thing they see
By comparing prices and quality
By asking a friend
By closing their eyes and picking
Place the images in the correct category.
Which of the following would be considered a natural resource?
water
trains
store shelves
farmer
Label each statement as a producer or a consumer
1. (a)
2. (b)
3. (c)
4. (d)
5. (e)
Who makes or grows things we need?
(a)
consumers
those who grow and raise food or a product
producers
those who buy and use products
consumers
things we must have to live
needs
A synonym for producer is (a) and a synonym for consumer is (b) .
