2nd grade · Social Studies · Unit 8 of 8
Work, Saving & Resources
Saving, resources and trade
What your child practices
Why people save and where, why employers pay workers, natural, human and capital resources, buyers and sellers, specialization, and renewable and non-renewable resources.
Oregon State Standards learning standard: 2.E.ES.1; 2.E.ES.2; 2.E.MI.3; 2.E.MI.4; 2.E.IC.5; 2.E.ST.6; 2.E.ST.7 · saving, earning, resources, buyers and sellers, buying choices, specialization and renewable resources
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
A safe place to keep savings is…
- a bank account
- inside a library book
- under a rock outside
a bank account
Hint: Banks keep money safe.
Question 2
Someone who makes or sells goods is a…
- consumer
- seller, or producer
- customer
seller, or producer
Hint: Producers make goods and services.
Question 3
A baker's skill and work is a…
- human resource
- natural resource
- capital resource
human resource
Hint: Human resources are people's work and skills.
Question 4
Which is a want, not a need?
- water
- a warm coat
- a video game
a video game
Hint: Needs keep us alive and safe.
Question 5
Someone who buys goods is a…
- banker
- seller, or producer
- buyer, or consumer
buyer, or consumer
Hint: Consumers buy and use goods.
Question 6
Why do people trade?
- because trading is a rule
- to get things they can't make themselves
- to lose things
to get things they can't make themselves
Hint: Trade helps both sides.