Show:
Goods and Services
Consumers and Producers
Money
Scarcity
Bonus
100
What is a good?
Something that is made or grown that people buy.
100
What is a consumer?
A person who buys goods and services.
100
What country is this money from? (Your teacher will show you)
The United States!
100
What is scarcity?
A shortage of a good; limited amount; hard to find
100
Name 3 goods you use at school.
pencils, paper, math book
200
What is a service?
A job that helps people
200
What is a producers?
Someone who makes goods or provides services.
200
What country is this money from? (Your teacher will show you)
Canada!
200
What would be scarce in this situation: There was a drought so the oranges didn't grow well on the trees this year.
Oranges would be scarce.
200
Name 2 services your mom or dad does for you that they don't get paid for.
Doing your laundry, drive you places, make your food, help with your homework
300
Give 2 examples of a good.
Clothes, toys, video games, food, etc
300
Name 2 places you may find a consumer.
The mall, Publix, Target, Chili's
300
What country is this money from? (your teacher will show you)
Mexico!
300
What caused this situation: Milk is scarce. It is very expensive.
Cows are sick. Cows are dying.
300
How could Jesus have been a consumer?
He could have bought food, clothes, wood.
400
Name two services.
hair stylist, maid, taxi driver, tour guide, etc.
400
Name a producer.
Ford, Toyota, Mattel, Nabisco
400
What country is this money from? (Your teacher will show you)
The Eastern Carribean
400
Give an example of scarcity.
There was an earthquake at the xbox factory and now they can't make anymore. They are very hard to find.
400
Jesus was a producer! Do you know what he produced?
He was a carpenter! He made items out of wood.
500
Name the good and service in these sentences. Mary just got a new dress. She brought it to the dry cleaner's when she spilled juice on it.
good-dress service- dry cleaners
500
Tell about a time that you were a consumer.
I bought gum at Target. I bought a new shirt at the mall. I went to Toys R Us and got a toy.
500
Name 3 characteristics of money.
Durable, Divisible, convenient, consistent, valuable, limited, historical
500
What happens to the price of items when they are scarce?
The price goes up. Goods are more expensive.
500
What bad things happen to producers when their good becomes scarce?
They lose money. There might be in danger.