Choosing Goods and Services
Services in Our Community
Goods from the Factory to You
A Trip to the Bank
Countries Trade and Move Goods
100
________ is money that someone earns.
Income
100
Money that is collected by a government is a _____.
Tax
100
A ________ is a building where people produce goods.
Factory
100
Where can you keep money that you want to save?
A "piggy bank" or in a neighborhood bank.
100
To _______ means to buy, sell, or exchange goods.
Trade
200
_______ are things people make or grow.
Goods
200
Give an example of a service job and tell what kind of service that job provides.
A police officer keeps people safe and enforces laws. A teacher helps students learn. A nurse takes care of people who are sick or hurt.
200
Are workers at a factory producing or consuming?
Producing
200
Why do people chose to save some of their money?
To have money for another time when they want to buy something or need it for an emergency.
200
__________ is a way of moving goods or people from place to place.
Transportation.
300
________ are jobs that people do to help others.
Services
300
Other than a teacher, name a worker in our school and the service that they provide.
Principals make decisions for schools. Librarians take care of books for students to read. Custodians help keep schools clean. Lunchroom workers serve students food to eat.
300
Do producers or consumers buy the goods that are made at a factory?
Consumers
300
What does the word "deposit" mean?
When you deposit money in the bank, it means that you are putting the money away in your bank account.
300
Why do countries around the world trade with each other?
To get the goods they need or want.
400
Name two things people can do with their income.
Save it, spend it, or barter with it.
400
How are the responsibilities of a firefighter and a police officer alike?
Both protect people from harm, rescue people from dangerous situations, and protect property.
400
What things in your home are made in factories?
Shoes, sofa, stove, toys.
400
What are the two kinds of bank accounts?
Checking and savings.
400
What are two ways that goods from Europe could be moved to the United States?
By ship or plane.
500
People can choose what goods and services to spend their income on. Give an example of one want and one need that someone may choose to spend their money on.
Wants- T.V., toys, a pet Needs- food, a house, clothes
500
How is tax money useful to the community?
Tax money pays some community workers and for community building repairs.
500
How are soil, people, and machines needed to make a T-shirt?
The cotton used to make the T-shirt is grown in soil. People must grow the cotton, pick it, and get it ready to be made into a T-shirt. Machines separate the cotton from the seeds, turn the cotton fibers into yarn,and weave the yarn into cloth.
500
What are three different ways people can pay for goods and services?
Cash, check, and credit card.
500
The chocolate used to make your chocolate milk at lunch comes from cocoa beans grown in Hawaii. How do you think the cocoa beans got from Hawaii to the chocolate milk factory?
The cocoa beans were either flown or taken by ship from Hawaii to the continental United States. Then the cocoa beans may have gone by train or car to the factory.