Goods and Services for 2nd Graders: Learn About What We Buy and Use

Question 1

What is NOT a good?

Accepted Answer

Haircut

Answer

Bread

Answer

Water

Answer

Pencil

Question 2

Which of the following is an example of a service?

Accepted Answer

Tutoring

Answer

Car

Answer

Book

Answer

Computer

Question 3

What is the difference between a need and a want?

Accepted Answer

Needs are essential for survival, while wants are not.

Answer

Wants are more important than needs.

Answer

Needs are always more expensive than wants.

Answer

There is no difference between needs and wants.

Question 4

What is an example of a service?

Accepted Answer

A haircut

Answer

A loaf of bread

Answer

A new toy

Answer

A cup of water

Question 5

Which is different between a good and a service?

Accepted Answer

Goods are things you can touch, services are activities.

Answer

Services are always more expensive than goods.

Answer

Goods are always more durable than services.

Answer

Services are only provided by businesses, while goods can be made by anyone.

Question 6

What is the purpose of a store?

Accepted Answer

To sell goods

Answer

To offer services

Answer

To make goods

Answer

To keep goods for people

Question 7

Which is a person who buys products or services?

Accepted Answer

A student buying a new backpack

Answer

A farmer selling their crops

Answer

A teacher giving lessons

Answer

A doctor treating a patient

Question 8

Where can we usually buy goods like groceries?

Accepted Answer

A store

Answer

A restaurant

Answer

A doctor's office

Answer

A school

Question 9

Who gives us services like haircuts?

Accepted Answer

Hairdressers

Answer

Teachers

Answer

Doctors

Answer

Parents

Question 10

Which of these is a way to pay for goods and services?

Accepted Answer

Money

Answer

Time

Answer

Hugs

Answer

Candy

Question 11

What is the main difference between a product and a service?

Accepted Answer

Products are things we can touch and services are things we cannot

Answer

Products are made and services are used

Answer

Products can be kept and services cannot

Answer

Products are always more expensive than services

Question 12

Why do people trade goods and services?

Accepted Answer

To get what they need

Answer

To make money

Answer

To become famous

Answer

To help their friends

Question 13

Who makes and sells things?

Accepted Answer

Producer

Answer

Customer

Answer

Inventor

Answer

Builder

Question 14

What do you do when you buy things in a store or get someone to do something for you?

Accepted Answer

Consume goods and services

Answer

Produce goods and services

Answer

Invent new products

Answer

Teach others about money

Question 15

Which of these is a service? A person who fixes a leaky faucet is providing a:

Accepted Answer

Service

Answer

Good

Answer

Toy

Answer

Book

Question 16

What do we call a person who cuts your hair?

Accepted Answer

A barber

Answer

A producer

Answer

A consumer

Answer

A provider

Question 17

Which of these is NOT a good?

Accepted Answer

A haircut

Answer

A car

Answer

A book

Answer

A toothbrush

Question 18

When you buy a book at the store, you are acting as a:

Accepted Answer

Consumer

Answer

Farmer

Answer

Teacher

Answer

Doctor

Question 19

Why do we produce goods and services?

Accepted Answer

To meet our needs and wants

Answer

To make money

Answer

To create jobs

Answer

To improve the environment

Question 20

What is the difference between a need and a want?

Accepted Answer

Needs are essential for survival, while wants are not.

Answer

Needs are usually more expensive than wants.

Answer

Wants are more important than needs.

Answer

There is no difference between needs and wants.

Question 21

Which of these is an example of a public service?

Accepted Answer

Using the library

Answer

Going to the doctor

Answer

Buying a book

Answer

Getting a haircut

Question 22

What is something you can get from someone that you cannot touch or hold?

Accepted Answer

A haircut

Answer

A book

Answer

A toothbrush

Answer

A toy car

Question 23

How do you get a haircut?

Accepted Answer

By asking someone to cut your hair

Answer

By buying it in a store

Answer

By making it yourself

Answer

By trading it for something else

Question 24

Which of these can you see and touch?

Accepted Answer

A chair

Answer

A concert

Answer

A haircut

Answer

A ride on a bus

Question 25

Why do we need goods and services?

Accepted Answer

They help us meet our needs.

Answer

They make us rich.

Answer

They make us popular.

Answer

They make us happy.

Question 26

How are things like food and toys made?

Accepted Answer

People or machines make them.

Answer

They are found in the ground.

Answer

They appear by magic.

Answer

They are given to us by others.

Question 27

Which item is **not** a good?

Accepted Answer

A haircut

Answer

A toy car

Answer

A slice of bread

Answer

A bottle of water

Question 28

What do we call people who use goods and services?

Accepted Answer

Consumers

Answer

Makers

Answer

Distributors

Answer

Regulators

Question 29

How has technology made it easier to create things?

Accepted Answer

It has made it quicker and easier to make things.

Answer

It has made it harder to make things.

Answer

It has made things more expensive.

Answer

It hasn't changed the way we make things.

Question 30

Which of these is NOT a good or a service?

Accepted Answer

Love

Answer

Book

Answer

Haircut

Answer

Car

Question 31

Which of the following can you see and touch, like a toy or a book?

Accepted Answer

A good

Answer

A haircut

Answer

A doctor's visit

Answer

A song

Question 32

Which of the following is something you cannot see or touch?

Accepted Answer

A service

Answer

A toy

Answer

A car

Answer

A book

Question 33

Why do we consume goods and services?

Accepted Answer

To satisfy our needs and wants

Answer

To get money

Answer

To play with our friends

Answer

To become famous

Question 34

Which of these is a physical item that you can touch and feel?

Accepted Answer

A toy

Answer

A haircut

Answer

A doctor's visit

Answer

A dance performance

Question 35

Which of these involves someone doing something for you?

Accepted Answer

Getting a haircut

Answer

Driving a car

Answer

Buying a book

Answer

Eating a pizza

Question 36

Which of these is something you buy that you can use yourself?

Accepted Answer

A toy

Answer

A doctor's visit

Answer

A dance performance

Question 37

Which of these helps businesses make other goods?

Accepted Answer

A factory

Answer

A toy

Answer

A book

Question 38

Which of these is something you pay someone to do for you?

Accepted Answer

Getting a haircut

Answer

Driving a car

Answer

Buying a book

Answer

Eating a pizza

Question 39

How are most goods made?

Accepted Answer

Manufacturing

Answer

Counseling

Answer

Performing

Answer

Teaching

Question 40

Which of these is NOT considered a good?

Accepted Answer

Doctor's appointment

Answer

Clothing

Answer

Book

Answer

Toy

Question 41

What is a service?

Accepted Answer

A task or job that someone does for you

Answer

Something that you can own

Answer

An object that you can hold or touch

Answer

Something that you can eat

Question 42

Which of the following is an example of a good?

Accepted Answer

Bicycle

Answer

Concert

Answer

Education

Answer

Haircut

Question 43

What is the main difference between a good and a service?

Accepted Answer

Goods are tangible, while services are intangible.

Answer

Goods are produced, while services are performed.

Answer

Goods are physical, while services are digital.

Answer

Goods are sold, while services are rented.

Question 44

Which of the following is a way that goods are made?

Accepted Answer

Manufacturing

Answer

Teaching

Answer

Selling

Answer

Performing

Question 45

What is the main purpose of a service?

Accepted Answer

To meet a need or want

Answer

To make money

Answer

To provide entertainment

Answer

To produce a good

Question 46

Who is someone who buys a toy?

Accepted Answer

Consumer

Answer

Seller

Answer

Producer

Answer

User

Question 47

What is the main role of a producer?

Accepted Answer

To create goods or services

Answer

To sell goods or services

Answer

To buy goods or services

Answer

To use goods or services

Question 48

Which of the following can affect the price of a good or service?

Accepted Answer

Supply and demand

Answer

Size

Answer

Color

Answer

Brand

Question 49

What is the difference between a need and a want?

Accepted Answer

A need is something you must have, while a want is something you would like to have.

Answer

A need is something that is necessary, while a want is something that is optional.

Answer

A need is something you buy, while a want is something you make.

Answer

A need is something you can live without, while a want is something you cannot live without.