Understanding Consumers and Producers

Front

Who is a consumer in an economy?

Back

Someone who buys and uses goods and services

Front

Which of the following is an example of a producer? A person buying a toy, A person making bread in a bakery, A person watching TV, A person reading a book

Back

A person making bread in a bakery

Front

What do producers do in an economy?

Back

Make or provide goods and services

Front

Which of the following is NOT a consumer? A child eating an apple, A chef cooking in a restaurant, A family buying groceries, A student using a pencil

Back

A chef cooking in a restaurant

Front

If a farmer grows vegetables and sells them at the market, the farmer is acting as a:

Back

Producer

Front

Why are consumers important in the economy?

Back

They buy and use goods and services, helping businesses grow

Front

Which of the following is an example of a consumer choice? Options: Deciding to make a new product, Deciding which shoes to buy, Deciding how to grow crops, Deciding how to sell goods

Back

Deciding which shoes to buy

Front

A company that makes bicycles is a: Consumer, Producer, Customer, Seller only

Back

Producer

Front

What happens if there are no consumers in the economy?

Back

Goods and services will not be bought or used

Front

Which of the following best describes the relationship between consumers and producers?

Back

Producers make goods and services, and consumers buy and use them