Goods and services quiz for elementary students

📚 Quick Study Guide

• 💰 Goods: Things people make or grow and then sell. Think of toys, food, or clothes!
• 🛠️ Services: Things people do for others. Like a teacher helping you learn, or a doctor helping you feel better.
• 🤝 Producers: People who make goods or provide services. A baker is a producer of bread.
• 🧑‍🤝‍🧑 Consumers: People who buy goods and services. That's probably you when you buy a snack!
• 🏫 Examples of Goods: Books 📚, Apples 🍎, Shoes 👟.
• 🧑‍⚕️ Examples of Services: Haircuts 💇, Teaching 🍎, Doctor visits 🩺.
• 🌍 Needs vs. Wants: Needs are things you *must* have (food, water, shelter). Wants are things you'd like to have, but don't need to survive (toys, candy).

🧪 Practice Quiz

1. Which of the following is an example of a good?
   1. A haircut
   2. Teaching a class
   3. A toy car
   4. Mowing a lawn
2. Which of the following is an example of a service?
   1. A book
   2. A pizza
   3. A bus ride
   4. A new phone
3. Someone who makes or grows goods is called a:
   1. Consumer
   2. Producer
   3. Customer
   4. Shopper
4. Someone who buys goods or services is called a:
   1. Producer
   2. Seller
   3. Consumer
   4. Maker
5. A farmer growing vegetables is an example of:
   1. Providing a service
   2. Producing a good
   3. Being a consumer
   4. Selling a service
6. Going to the dentist is an example of:
   1. Buying a good
   2. Providing a good
   3. Buying a service
   4. Providing a service
7. Which of these is a 'need' rather than a 'want'?
   1. Candy
   2. A video game
   3. Water
   4. A toy