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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