PRODUCERS AND CONSUMERS KELLEY TRACEY. GOODS Goods are any items that can be bought or sold.

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Presentation transcript:

PRODUCERS AND CONSUMERS KELLEY TRACEY

GOODS Goods are any items that can be bought or sold.

WHAT IS A GOOD

PRODUCER Someone who produces a good. Ex: I am a producer of this slideshow.

WHAT IS A PRODUCER?

CONSUMER Someone who buys or uses a good. Ex: You are a consumer of this slideshow.

WHAT IS A CONSUMER?

Someone who makes goods is called __________. Consumer Buyer Seller Producer

Consumer is incorrect A consumer is a person who buys or uses a good. Such as a student consuming a pencil or an ice cream cone. Go Back

Buyer is incorrect A buyer is someone who buys a good. For example when you go to the store and buy a new toy. Go Back

Seller is incorrect A seller is someone who sells a good for a price. Go Back

Producer is correct A person who makes a product is a producer. Today we will be creating dough for a science experiment so we will all be producers.

SOMEONE WHO BUYS OR USES A GOOD IS A ________ Producer Consumer Buyer Seller

Producer is incorrect A producer is someone who makes goods. Go Back

Consumer is correct This is correct. Right now we are all consumers of school supplies such as pencils.

Buyer is incorrect A buyer is someone who buys a good. For example when you go to the store and buy a new toy. Go Back

Seller is incorrect A seller is someone who sells a good for a price. Go Back

WHO IS A PRODUCER? (THERE ARE 2 ANSWERS)

The child is eating the ice cream cone that makes her a consumer because she is using a good. Incorrect Go Back

Incorrect A police officer provides a service which we have already talked about. Go Back

Correct A farmer produces may items such as food and animals for us to eat.

Both A student may produce artwork, but this student is also CONSUMING paint. Go Back

WHICH ONE OF THESE IS NOT A GOOD?

Incorrect We can eat this ice cream cone so it can be used or consumed. Go Back

Incorrect We can eat this apple so it can be used or consumed. Go Back

Incorrect We can write with these pencils so they can be used or consumed. Go Back

Correct This farmer can not be used for anything. We cannot write with him, sell him, or consume him in any way.

CAN A PRODUCER ALSO BE A CONSUMER? Yes No

THE ANSWER IS CORRECT A student can create artwork while consuming paint A farmer can produce corn but he has to buy the seeds.

THE ANSWER IS INCORRECT You will be a producer and a consumer later while you are creating your own dough. Think about it and explain it in your journal. Go Back