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2nd grade · Social Studies · Unit 9 of 10

Work, Saving & Resources

Producers, consumers and scarcity

What your child practices

Producers and consumers, wants and needs, saving, and how limited resources affect what people make and buy.

Minnesota K-12 Academic Standards benchmark: 2.2.7.1; 2.2.9.1 · what makes something work as money, and choosing the best way to reach a goal

How we explain it

Children can open this short lesson before they practice.

  1. Producers make goods or give services. Consumers buy and use them.
  2. Resources can be natural (water), human (skills) or capital (machines).
  3. When you can't have both, you must make a choice.

Example: A factory machine that makes shoes is a… The machine is a tool people made. Tools and machines are capital resources. Answer: capital resource

Work, Saving & Resources in Minnesota

In the Minnesota K-12 Academic Standards, this is unit 9 of 10 in 2nd grade Social Studies, after Work and Prices and before Seasons of the Land.

Gradelings describes a child's practice on this unit as Beginning, Approaching, Meeting or Exceeding (Four practice steps). That reflects practice, not a report-card mark: the teacher decides the mark.

Source: Minnesota Department of Education (MDE)

Sample questions

A taste of this unit. In the app, questions change every time and get easier or harder to match your child.

  1. Question 1

    Leo pays $2 for a muffin at a bakery. Leo is the…

    • buyer
    • baker
    • seller
  2. Question 2

    Which is a want, not a need?

    • a warm coat
    • a video game
    • water
  3. Question 3

    Why does a town have a bakery and a bike shop, not everyone doing everything?

    • bikes are free
    • no one likes bread
    • people specialize in what they do well
  4. Question 4

    Someone who makes or sells goods is a…

    • customer
    • seller, or producer
    • consumer
  5. Question 5

    Which is a natural resource?

    • a hammer
    • a teacher
    • trees
  6. Question 6

    Water used to grow almonds is a…

    • want
    • tax
    • natural resource
    • service