In this Grade 2 hard worksheet, students answer four multiple choice questions about needs, wants, goods, services, producers, and consumers. Five fill-in-the-blank items ask them to use the right economics words in a full sentence. This Grade 2 sheet checks that learners can apply vocabulary, not just remember it. It works well as a review before a quiz or unit test and gives teachers a clear picture of which ideas need a little more practice in class.

Style:
Busy Bee
Economic Choices
Grade 2
★ Part A: Multiple Choice
Circle the best answer for each question.
1. Which of these is a NEED, not a want?
 A) a video game
 B) clean water
 C) a new doll
 D) a chocolate bar
2. Which of these is a SERVICE?
 A) a loaf of bread
 B) a pair of shoes
 C) a doctor checkup
 D) a box of crayons
3. Who is a PRODUCER in this list?
 A) a shopper at a store
 B) a baker making cupcakes
 C) a child eating lunch
 D) a family watching TV
4. A person who buys and eats an apple is acting as a:
 A) producer
 B) consumer
 C) farmer
 D) baker
★ Part B: Fill in the Blank
Write the correct answer on each line.
1) A need is something you must have to live, like water or food.
2) A want is something extra, like a toy or candy.
3) A real object you can hold, like a shirt, is called a good.
4) A helpful job, like a haircut, is called a service.
5) A person who uses goods or services is a consumer.
🎯

Ready to Practice?

Complete each section carefully.

9 Questions
12-18 minutes
Auto-graded
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