Unit 4 Social Studies | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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A lot of people want ice cream. Is that an example of supply or demand?

demand

supply

Is a baker a producer or consumer?

producer

consumer

If a phone a good or service?

good

service

Is food a want or a need?

need

want

When an item is on sale, it means it is...

cheaper

more expensive

If someone does not buy anything with their money, it means they are....

saving

spending

What is something you need to live?

water

candy

We can be responsible by...

saving and spending responsibly

spending all our money on wants

Demand means....

how much people want something

how colorful something is

If there is a high supply of umbrellas, it means that...

there are a lot of umbrellas to sell

the umbrellas are sold out

A consumer is someone who...

buys goods and services

takes care of pets

A producer is someone who...

makes goods or services

teaches kids

One example of a natural resource is a...

plant

car

Natural resources are things that....

are found in nature

things that people make

A service is....

work done by someone to help another person

a place where you sleep

A good is....

an item that people buy

when you do well at something

Needs are...

things that allow you to live

things that are fun but not necessary

Wants are...

things that you would like to have

things that you need to live

Income is important because....

it helps you pay for wants and needs

it helps you make friends

Income is...

money you earn from working

money you get for your birthday

People get jobs because they need to...

earn money

go on vacation

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