Wants vs Needs
Producer vs Consumer
Goods vs Services
Vocabulary
Our Money
100

Is shelter a want or a need?

Need.

100

If I fix cars to make my income, am I a producer or consumer?

Producer.

100

Does a mailman provide a good or service?

Service

100

What is income?

The money people make when they work.

100

How much money did the widow in the Bible give to the offering?

2 copper coins

200

Name a want.

Anything that is not necessary to live.
200

I went to a play. Am I a producer or consumer?

Consumer

200

Do you find goods or services at Target?

Goods

200

What is a factory?

A place where people make goods.

200

Name a reason people save money.

Many responses would be accepted.

300

Is a phone a want or a need?

Want.

300

Who is the consumer at a school?

The students.

300

If you go to the dentist, do you get a good or a service?

Service

300

What is price?

The amount of money you pay to buy something.

300

What three things can we do with money?

Save, spend, and tithe (give offerings)

400

Name a need.

Anything that is necessary to live.

400

I am an composer, so I write music. Am I a producer or consumer?

Producer

400

Is a computer a good or service?

Good

400

What is a bank?

A safe place people keep their money.

400

In what order should we spend, save, and tithe?

1)Tithe  2)Save  3)Spend

500

Are cars a want or a need?

A want.

500

Name a producer.

Anyone who provides or makes a good or service.

500

Name a service you can buy.

Anything that people do for others in exchange for money.

500

What is the difference between needs and wants?

When you need it in order to live. (food, water, shelter)

500

Why do we give offerings to church? (tithing)

To show our love and gratitude for all that God has done for us!

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