Economics for Kids: Producers and Consumers
3 min1st2nd3rdSocial Studies
Summary
An economics mini-lesson on producers and consumers: producers make or provide goods and services, and consumers buy and use them.
Viewer safety
All ages
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Teaching resources
Discussion questions
Producers make goods or services; consumers buy and use them.
- What does a producer do? What does a consumer do?
- Can the same person be both? When?
- What did you consume today, and who produced it?
Quick work-a-long
Words to know: producer, consumer, goods
- Name a producer and a consumer for one item.
- Draw yourself as a consumer of something you use daily.