Goods and Services
Producers and Consumers
Wants vs Needs
Short-term vs Long-term Goals
What we learned during our cupcake activity!
100

Is this an example of a good or a service? (image 1)

Service

100

Is this an example of a consumer or a producer? (image 4)

Consumer

100

Is this an example of a want or a need? (image 7)

Need

100

Is this an example of a short-term goal or a long-term goal? (image 10)

Short-term goal

100

When were you a consumer during our cupcake activity?

You were consumers when you were buying the cupcakes at the cupcake shops.

200

 Is this an example of a good or a service? (image 2)

Good

200

Is this an example of a consumer or a producer? (image 5)

Producer

200

Is this an example of a want or a need? (image 8)

Need

200

Is this an example of a short-term goal or a long-term goal? (image 11)

Long-term goal

200

When were you a producer during our cupcake activity?

You were a producer when you were making the cupcakes for the cupcake activity. 

300

Is this an example of a good or a service? (image 3)

Service

300

Is this an example of a consumer or a producer? (image 6)

Producer

300

Is this an example of a want or a need? (image 9)

Want

300

Is this an example of a short-term goal or a long-term goal? (image 12)

Short-term goal

300

What is one example of a decision that you made as a producer during the cupcake shop?

Ms. Timp decides if it is an example.

400

What is the definition of a good?

A good is something that people can buy and can use.

400

What is the definition of a producer?

A producer is someone who makes or grows something. 

400

What is the definition of a need?

A need is something we must have to stay alive and healthy.

400

What is the definition of a short-term goal?

A short-term goal is when you want to buy a goods in the next few months. 

400

What is one example of a decision that you made as a consumer during the cupcake shop?

Ms. Timp decides if it is an example.

500

What is the definition of a service?

A service is when you pay for someone to do something for you OR and experience.

500

What is the definition of a consumer?

A consumer is someone who buys something.

500

What is the definition of a want?

A want is something we don't have to have to keep us alive and healthy, just something we feel like we should have.

500

What is a long-term goal?

A long term goal is when you want to buy a good in the next year or more. 

500

What is one thing you learned from doing the cupcake activity?

Ms. Timp will decide if it is something we learned during the cupcake activity.

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