Goods
Services
Producers
Sellers
Consumers
100

What are goods?

Goods are objects that can be used or consumed.

100

What are services?

Services are jobs people do to help others.

100

What are producers?

Someone who makes the goods and provides the services.

100

What are sellers?

Sellers are a person or a company who sells goods.

100

What are consumers?

A person who buys or uses goods or services.

200

What is an example of goods that you can eat?

apple, vegetables, fish, etc.

200

Is a hairdresser someone who provides a service?

Yes!

200
True or False: Farmers are producers.

True!

200

What is the name of a company that sells food?

Publix, Whole Foods, Aldi, etc.

200

Give an example of a consumer. 

I am a consumer when I buy a bathing suit. 

300

What kinds of goods do you need?

Food, clothing, shelter

300

What do you call the place or person who offers the service of fresh bread, muffins, cookies, and cakes?

A bakery or a baker

300

True or False: Actors in a movie are producers.

True! They make movies.

300

Are movie theaters producers, sellers, or consumers?

Sellers, they sell movies.

300

True or false:  People only buy or consume things they need. 

False--We also buy things we want!

400

What are some examples of goods you may not need but want?

toys, games, candy

400

What services does a doctor give?

A doctor helps you get better when you are sick.

400

Name something that you have produced or could produce in the future. 

Something for the class store.

400

Are all sellers producers too?

No, not all sellers make the goods they are selling.

400

What is another name for consumer?

A buyer.
500

What is another name for goods?

products, objects, things

500

True or false: A teacher provides a very important service. 

True! 

500
Is an artist a producer?

Yes!

500

If you could own a store, what would you want to sell?

Answers will vary!

500

Do you have to buy something to be a consumer?

No, someone else can buy it for you. If you use the item, you are a consumer.