2. Chapter 5 Producers and Consumers

3. A:B: Makes or sells goods and services Buys goods and services What does a producer do? C:D: Builds factoriesLeads a country

4. A Makes or sells goods and services

5. A:B: Makes or sells goods and services Buys goods and services What does a consumer do? C:D: Builds factoriesGrows food

6. B Buys goods and services

7. A:B: budgetincome What do you call the money that people earn? C:D: tradeoccupation

8. B income

9. A:B: They turn green.They get harvested. What happens to crops when there is not enough rain? C:D: They grow better.They become scarce.

10. D They become scarce.

11. A:B: transportationtrade What do you call the exchanging of one thing to get another? C:D: servicesmanufacturing

12. B trade

13. A:B: goodsbank _________ are products that can be bought or sold. C: D: downfactory

14. A goods

15. A:B: tradeservices The role of the producer is to provide goods and ___________. C:D: upwants

16. B services

17. A:B: bankfactory Machines that make goods are found in a ____________ C:D: free enterpriseservices

18. B factory

19. A:B: Free enterprisetrade Children earning money by washing cars Is an example of __________________ C:D: goodsservices

20. A Free enterprise

21. A:B: goodsservices Things people would like to have are ___________. C:D: bankwants

22. D wants

23. A:B: updown When goods are scarce, the price goes ________. C:D: bankservices

24. A up

25. A:B: downup When there is a lot of a good, the price goes ____________ C:D: wantsgoods

26. A down

27. A:B: factorybank A business that keeps money safe is called a ___________ tradeFree enterprise C:D:

28. B bank

29. A:B: bankfactory One country can _________ raw materials with another country. C:D: trade wants

30. C trade

31. A:B: TrueFalse True or False. The United States sends goods to other countries only by airplane. C:D:

32. B False

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