Students review the full economics word bank through nine fill-in-the-blank items. They name an artist who paints to sell as a producer, label a cafeteria lunch as a good, and recognize a plumber's work as a service. Other questions cover high supply when a store gets a big crayon shipment, sticker collections as wants, and high demand when crowds line up for a new game.
A matching section then pairs concert ticket crowds, a farmer's egg stand, a sandwich buyer, and a barber with High demand, Producer, Consumer, and Service. Linking examples to terms helps students think like young economists.
Style:
Economics Basics
Part A: Fill in the Blank
Write the missing word or number on each line.
1. An artist who paints pictures to sell at a gallery is a producer.
2. Using birthday money to buy a toy truck is an example of spending.
3. A school lunch that you pay for in the cafeteria is a good.
4. A plumber who fixes leaky pipes at your home provides a service.
5. If a store gets a huge shipment of crayons, the supply of crayons is high.
6. A sticker collection is a want because you can live without it.
7. The person who orders a pizza for dinner is a consumer.
8. Lots of people standing in line for a new game shows high demand.
9. Putting coins from your chores into a piggy bank each week is saving.
Part B: Matching
Match each item on the left to the correct answer on the right.
1. Match each item to its correct answer.
Many people want concert tickets.
→ High demand
Producer
A farmer sells eggs at a roadside stand.
→ Producer
Consumer
A girl buys a sandwich for lunch.
→ Consumer
Service
A barber cuts hair at a shop.
→ Service
High demand
Economics Basics
★ Part A: Fill in the Blank
Write the missing word or number on each line.
1) An artist who paints pictures to sell at a gallery is a producer.
2) Using birthday money to buy a toy truck is an example of spending.
3) A school lunch that you pay for in the cafeteria is a good.
4) A plumber who fixes leaky pipes at your home provides a service.
5) If a store gets a huge shipment of crayons, the supply of crayons is high.
6) A sticker collection is a want because you can live without it.
7) The person who orders a pizza for dinner is a consumer.
8) Lots of people standing in line for a new game shows high demand.
9) Putting coins from your chores into a piggy bank each week is saving.
★ Part B: Matching
Match each item on the left to the correct answer on the right.
1) Match each item to its correct answer.
Many people want concert tickets.
→ High demand
Producer
A farmer sells eggs at a roadside stand.
→ Producer
Consumer
A girl buys a sandwich for lunch.
→ Consumer
Service
A barber cuts hair at a shop.
→ Service
High demand
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