1. Miss Valenza Second Grade June 26 th, 2007 What should I buy? What should I buy? A Trip to the Marketplace

2. Marketplace Marketplace- Where people buy and sell goods and services.

3. Marketplace A supermarket is one type of marketplace. Shoppers visit a supermarket to buy food products.

4. Producer Producer- A person who grows, makes, or sells goods.

5. Producer A restaurant cook is one kind of producer. Consumers visit restaurants in order to buy prepared foods.

6. Goods Goods- Things that can be bought and sold.

7. Goods A toy truck is one kind of good that can be purchased. A toy can be purchased at a toy store or shopping mall.

8. Services Services- Work done for others.

9. Services A hair dresser provides a service to his or her customers. A hair dresser cuts, colors, or styles hair. A hair dresser works in a beauty salon or barber shop.

10. Consumer Consumer- A person who buys and uses goods and services.

11. Consumer Anyone who spends money is a consumer! Americans are BIG consumers!

12. Comprehension Pop Quiz A customer is an example of a producer. yesno All money spenders are consumers. yesno A brand new bicycle is an example of a purchased good.yesno What is a consumer? ________________ What is a marketplace? ______________

13. Shopping Fun Facts Online shopping is the fastest growing form of buying products/goods. One online site www.shopping.com has over 6,000 producers/merchants just from the United States! Online shopping sites experienced 40% increased sales on both Black Friday and Cyber Monday during the 2006 Holiday season!

14. Shopping Fun Facts- United States Commerce Department On average, Americans saved less than -1% of their total income in 2006. Again, Americans are BIG spenders! In 2006, Americans spent all of their total earnings and then some! In China, the residents saved an average of 30% of their total income in 2006. China is one of the world’s fastest growing economies!

15. Works Cited Reflections People We Know Teachers Edition. Second Grade. Harcourt: 2007. www.shopping.com/facts www.shopping.com www.marketplace.publicradio.or g/shows www.marketplace.publicradio.or g/shows Microsoft Power Point clip art