Introduction to Capitalism
A worksheet for 3rd graders to learn basic concepts of capitalism, including goods, services, producers, and consumers.
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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?
Service
Good
Money
Trade
2. When a doctor helps you feel better, what is that called?
A good
A product
A service
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.
True
False
6. Capitalism means that the government tells everyone exactly what job to do.
True
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.