Consumers And Producers Flashcards
What is a consumer
People who buy and use goods and services
What are producers
People who use resources to make goods or provide services
Explain how a mother could be a consumer and producer
She could buy the groceries (consumer) or pay for a gym membership
She could have a job as a yoga instructor or be the president
Explain how a father could be a producer and consumer
He could buy clothes or go for massages (consumer)
He could be a professional chef and give cooking lessons (producer)
Explain how a 19 year old son could be a producer and a consumer in a household
He could buy video games or pay for coding lessons (consumer)
He could be a professional u-tuber or make video games (producer)
How could a grandma be a consumer and producer in the household
She could buy the newspaper or go to the eye doctor (consumer)
She could model in ads for things like hearing aids or dentures
How could a baby girl be a consumer and producer in a household
She could model in ads or for children magazines (producer)
She could eat baby food or formulated milk (consumer)
