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.
- Producers make goods or give services. Consumers buy and use them.
- Resources can be natural (water), human (skills) or capital (machines).
- 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.
Sample questions
A taste of this unit. In the app, questions change every time and get easier or harder to match your child.
Question 1
Leo pays $2 for a muffin at a bakery. Leo is the…
- buyer
- baker
- seller
buyer
Hint: Leo spends money, so he is the buyer.
Question 2
Which is a want, not a need?
- a warm coat
- a video game
- water
a video game
Hint: Needs keep us alive and safe.
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
people specialize in what they do well
Hint: Specializing makes more and better goods.
Question 4
Someone who makes or sells goods is a…
- customer
- seller, or producer
- consumer
seller, or producer
Hint: Producers make goods and services.
Question 5
Which is a natural resource?
- a hammer
- a teacher
- trees
trees
Hint: Natural resources come from nature.
Question 6
Water used to grow almonds is a…
- want
- tax
- natural resource
- service
natural resource
Hint: It comes from nature.