28.11 3. Give scenarios of producers and consumers buying and selling, and discuss. For example: a. A dentist cleans your teeth. Are they buying or selling? (selling) i. Are they a producer or consumer? (producer) b. You get a toy from the store. Are you buying or selling? (buying) i. Are you a producer or a consumer? (consumer) 4. Have the students think of a time when they were a consumer and bought something and share with a partner. (Answers may vary.) 5. Have the students think of a time when they or their parents sold something. Have the students share with a partner. (Answers may vary.) 6. Give each student an index card with a “B” written on one side and an “S” on the other side. Tell the students that you are going to call out some situations. They will hold up the “B” side of the card if it describes “buying” and the “S” side if it describes “selling.” Give students time to think before they raise their cards so they aren’t just raising what their neighbor raises. After the students decide if the scenario shows buying or selling, discuss whether the person buying or selling is a producer or a consumer. a. A farmer gets money for giving her apples to the store. (selling, producer) b. A father pays money to get food for his family. (buying, consumer) c. A woman makes clothes and exchanges them for money. (selling, producer) d. A solar power plant gets energy from the sun and gives it to people in exchange for their money. (selling, producer) e. A mother pays the doctor money for checking on her sick child. (buying, consumer) f. A man pays a store money for a new chair. (buying, consumer) Article Assessment Question: 1. What are people called who buy things? a. consumers b. friends c. parents d. producers Materials Needed: Index card for each student with a “B” written on one side and an “S” on the other side Online Related Media: N/A Extended Reading Articles: N/A Article 7: Economics Word Count: 17 Vocabulary: economics: how people make goods and provide services; how people earn and spend money
Economics | Week 28
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