Social Studies

What is a "want"

• Something you would like to have but don't need to survive.

• Something that helps you breathe.

• Something you have to have to survive.

• All of the above

What is an example of a "want"

• Jordans

• Ice Cream

• Hamburger

• All of the above

What is a "need"

• Takis

• Ice Cream

• Something you have to have to survive

• Something you would like to have but do not need to survive.

What is an example of a need?

• A pencil

• A car

• A toy

• Water

If you are selling lemonade at a lemonade stand, what are you?

• need

• producer

• want

• consumer

If you go to the store to buy a toy, what are you?

• want

• producer

• consumer

• scarcity

Which of these is an example of a producer?

• A person buying Chick Fila

• A person buying ice cream

• A person making pizza

• All of the above

If you go to the store to buy a toy and there is only one toy left, the toy is __________

• Want

• Scarce

• Need

• Producer

If I go to the ice cream shop and they are almost out of ice cream, what item is scarce?

• water

• ice cream

• ice cream shops

• toys

Will you be a producer or consumer for the class market?

• Producer

• Niether

• Both! I will be selling and buying goods

• Consumer