Question | Answer |
1) What is a farmer?_______ | Answers may vary
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2) How do you earn a profit? A) By going to school. B) By selling a product. C) By going to the grocery store. D) by finding the best sale of a product | B) By selling a product.
| 3) What does a producer do? A) Makes goods. B) Supplies goods. C) Grows goods. D) All of the above. | D) All of the above
| 4) What is a consumer? A) Someone who sells food. B) Someone who buys goods and services. C) Someone who eats food. D) Both b and c. | D) Both b and c
| 5) What is a seller's job? _____ | To sell products, usually for a profit
| 6) T/F: The weather can effect how crops grow. | True
| 7) T/F: We all need each other's help to live and thrive in this world. | True
| 8) T/F: Because Earth is so large, we will never run out of resources. | False
| 9) An example of a role, or a job, that people in a community may have is _____ | Answers may vary
| 10) Everything we buy comes from the: A) Land. B) Ocean. C) Both. D) Other _____ | C) Both
| 11) T/F: Humans are the only consumers in the world. | False
| 12) T/F: A good, functioning community relies on everyone having a paying job. | True
| 13) T/F: To be a part of the economy takes a lot of skill. | True
| 14) What does it mean to depend on someone? A) Dislike. B) Help. C) Work for. D) Rely. | D) Rely
| 15) What does the word "economy" mean? _____ | A system of producing, distributing, and consuming wealth.
| 16) T/F: We are not allowed to decide where we buy goods from and how much to spend on goods. | False |