Beladi International School -Jeddah Answer key

Grade 2 Social Studies Unit 3: The Marketplace

Review sheet
Q1. Choose the following words in correct place:
Choice Trade Consumer Producer Price Bank Income Scarcity
Market

1.Bank a place where people can save their money.

2.Choice the act of picking between 2 or more options.
3.Trade the act of buying and selling goods or services.
4.Income the money adults earn for a job they do.
5.Market a place with many stores where people buy goods and
services.
6.Producer a person who makes a good or offers a service.
7.Price the amount of money we pay in return for a good or service.
8.Scarcity the state of goods when not found in enough quantities for
everyone.

Q2: Choose the correct answer:

1.In a _____________, the pharmacist helps us buy the right
medicines.
a. market b. school c. pharmacy
2. People who make goods or offer services are called
____________.
a. producer b. consumer c. worker
3. Consumers pay ____________ for goods or services they buy.
a.money b. throw c. buy
4. Without producers, _________ would not have goods or services
to buy.
a. animals b. grandmas c. consumers
5. _______ work and get money in return.
a. Babies b. Adults c. Teenagers
Q3: Mark true or False:
1. Adults work and don’t get money in return. (F )
2. An income allows adults to buy things they need. ( T )
3. We should not spend money wisely. ( F )
4. People can save money in a hospital. (F )
5. Countries do not trade goods between each other. (F )
6. Going to a store and not paying for what we take is called
stealing. (T )
Q4: Mark a tick whether each thing is a service or a good
Things Good Service

Medicine T

Teaching T

Serving food T

cleaning T

car T

doctor T
book T

Q5: Mark whether each thing is a need or a want.

Needs Things that we have to keep us alive.
Wants: Things that are used for enjoyment.
Needs Wants
Food

Water

Mobile
Watch

Q6: Write C for consumer and P for producer in the blanks.

1. A girl is buying clothes. _____c____
2. A man is making sandwiches. _____p____
3. A lady is selling ice-cream. _____p____
4. He is buying a book. _____c____
5. The girl is paying for a necklace. _____c____

Q7: Answer the following questions:

1.Where people can keep their income save?
A: In a bank
2.Where we go to get different goods?
A: To the market
3.What does we say if person take a thing without buying?
A: Stealing
4.What is meant by selling and buying?
A: Trade

Q8: Mention expensive and cheap of these items.

expensive

expensive

cheap

cheap