Page 51 - Key to Social Studies 3 (Workbook)
P. 51
A Community Market
4 Answer the following questions.
1. What is the difference between a good and a service?
2. How do customers and suppliers interact in the market?
3. Why do we use money?
4. Mention three types of money.
5. Give three different examples of goods and services.
5 Fill in the blanks using the following words.
value producers consumers marketplace services goods
A is all about buying and selling. People pay for
such as computers and such as the ones provided by doctors.
The amount these people pay for what they get depends on its .
The people who buy are called , while the people who sell are called
.
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