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CONSUMERS


CONSUMERS
are people who buy goods and services.  Consumers face many choices of what to buy, and they cannot buy everything they would like to with their limited incomes.  People’s choices about what goods and services to buy and consume ultimately determine what producers produce and, thus, how productive resources will be used.

 

National Economics Standard 1:  Scarcity 

Goods and Services Poster

How to Get Posters

TEACHING IDEAS

  1. Play Lesson 2:  Producers and Consumers, from the Herschel’s World of Economics DVD.  Your students will delight in meeting Herschel, a dog puppet, as he learns all about economics!  A Teacher’s Guide accompanies the Herschel DVD.   

  2. Do the lesson on Consumers in the very practical Half-Pint Economics curriculum. 

  3. List and/or draw goods and services that people consume.

  4. Write a paragraph entitled, "Goods and Services I Consume Every Day."

  5. Write a paragraph entitled, "Consumers Make Choices."

  6. Cut out pictures of people using goods and services and identify the goods and services being consumed.

  7. Plan a vacation trip.  List the goods and services you will consume on the trip.

  8. Construct a pictorial graph showing people in three categories: consumers, producers, and both producers and consumers.

  9. Cut out coupons from a newspaper or magazine.  Compute how much money you would save from using them.

  10. Students can save their allowance, use it to purchase (consume) goods and services, or give some of it away.  Discuss the advantages and disadvantages of each option.

  11. Plan a budget for a week.  Estimate how many goods and services you will purchase (consume).  Also, estimate how much you would like to save or give away.


 

LITERATURE CONNECTION

You can use the literature books below to help teach CONSUMERS Click on the book cover or the title below to obtain information on the book as well as guided questions you can use with your students. Some books are no longer available from the publishers, but we still include title information and Lessons as you might have them in your school or public library or possibly in your classrooms.

 

Benny's Pennies

Benny’s Pennies

Brisson, Pat

The BIG BUCK Adventure

The Big Buck Adventure

Gill, Shelley & Tobola, Deborah

Ice Cream: The Cold, Cream Treat

Ice Cream: The Cold, Cream Treat

Landau, Elaine

The Ox-Cart Man

The Ox-Cart Man

The Caldecott Medal Winner, 1980

Hall, Donald

Paying Taxes

Paying Taxes

Lexile: 850

DeCapua, Sarah

Something Special For Me

Something Special For Me

Williams, Vera B.