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Introduction to Capitalism

A worksheet for 3rd graders to learn basic concepts of capitalism, including goods, services, producers, and consumers.

Grade 3 Social studies EconomicsCapitalism
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Includes

Multiple ChoiceFill in the BlanksTrue / FalseShort AnswerImage

Standards

C3.D2.Eco.1.3-5

Topics

capitalismeconomicssocial studiesgrade 3
7 sections · Free to use · Printable
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Introduction to Capitalism

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Read each question carefully and answer to the best of your ability. This worksheet will help you understand how people make and spend money.

1. What is something you can buy or sell, like a toy or a book?

a

Service

b

Good

c

Money

d

Trade

2. When a doctor helps you feel better, what is that called?

a

A good

b

A product

c

A service

d

A business

3. A person who makes or sells goods or services is called a  .

4. A person who buys goods or services is called a  .

5. In capitalism, people can choose what to buy and what to sell.

T

True

F

False

6. Capitalism means that the government tells everyone exactly what job to do.

T

True

F

False

7. Give an example of a good and an example of a service.

8. Why is it important for people to be able to choose what they buy and sell?

This image shows a book about money, which is an important part of economics.

Book cover about money and government