Our Community's Economy
A worksheet for Grade 1 students to learn basic economic concepts like needs, wants, goods, services, and producers.
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Standards
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Our Community's Economy
Name:
Date:
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Read each question carefully and answer to the best of your ability.
1. Which of these is a NEED?
A new toy
Food
Candy
Video games
2. Which of these is a WANT?
Water
A house
A bicycle
Clothes
Fill in the blank with 'good' or 'service'.
3. A toy car is a .
4. Getting your hair cut is a .
5. A doctor helping you feel better is a .
6. A new book is a .
Read each statement and circle True or False.
7. A baker who bakes bread is a producer.
True
False
8. When you buy a toy, you are a producer.
True
False
9. Name one person in our community who provides a service.
10. Name one good that people in our community produce.