producers and consumers kelley tracey. goods goods are any items that can be bought or sold

PRODUCERS AND CONSUMERS

KELLEY TRACEY

GOODS

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

WHAT IS A GOOD

Apple

Teddy Bear

Blocks

Pencil

PRODUCER

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

WHAT IS A PRODUCER?

Farmer

Pizza Chef

Woodworker

Seamstress

CONSUMER

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

WHAT IS A CONSUMER?

Shopper

Eating anIce cream

coneStudent

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.

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Buyer is incorrect

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

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Seller is incorrect

A seller is someone who sells a good for a price.

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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.

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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.

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Seller is incorrect

A seller is someone who sells a good for a price.

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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

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Incorrect• A police officer provides a service which we have

already talked about.

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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.

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WHICH ONE OF THESE IS NOT A GOOD?

Incorrect

• We can eat this ice cream cone so it can be used or consumed.

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Incorrect

• We can eat this apple so it can be used or consumed.

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Incorrect

• We can write with these pencils so they can be used or consumed.

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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.

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