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producers and consumers in an economy

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Curipod generated lesson: "producers and consumers in an economy". #1-4

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abigail.wigger

Updated 5 months ago

1. Word cloud
120 seconds
What do producers and consumers do in an economy?
2. Slide
60 seconds
producers + consumers --> makes economy work
Producers and Consumers in an Economy
3. Poll
60 seconds
What do you think is the most important role of producers and consumers in an economy?
  • Producers create goods and services.
  • Consumers purchase goods and services.
  • Both create economic activity.
  • Both help improve the standard of living.
4. Open question
300 seconds
What are some examples of PRODUCERS in the economy?
5. Open question
300 seconds
What are some examples of CONSUMERS in the economy?
6. Slide
60 seconds
Free Enterprise System: citizens participate in business activities of their choice Competition: multiple producers want consumers to buy their products Consumer Protection Laws: protect customers from unsafe products & unfair advertising
Vocabulary:
7. Open question
270 seconds
What are some examples of COMPETITION within the economy?
8. Open question
180 seconds
How do producers and consumers impact your everyday life?

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