Lesson 12: Consumers and Producers

Introduction

Important Icon When we think of consumers and producers, we may think of science.

However, for this lesson, we will think of these terms through the lens of economics. Important Icon

Focus Question:

How do consumers and producers contribute to our economy?

Consumers and Producers

So what exactly are consumers and producers?

Producers are individuals or companies that produce goods and services for others. Consumers are the individuals who purchase or use goods and services for individual needs that are provided by producers.

In short:

Producers =  produce something for others

Consumers = consume goods and services provided by producers

  In your journal:  Print the notes page and complete it as you go through the slides. If you do not have access to a printer, another option is to draw/write your notes page in your social studies journal.

Consumer and Producer Notes Download Consumer and Producer Notes

View the slideshow below to learn more about consumers and producers.

Assignment

For this activity, you will consider ways in which you have been both a consumer and a producer. Using the Google Slide template provided, provide at least three examples of both. 

Go to the next page to complete the Consumers and Producers assignment

 

For this activity, you will consider ways in which you have been both a consumer and a producer. Using the Google Slide template provided, provide at least three examples of both.

Upload your finished document here. 

Lesson 12, M2- Consumers & Producers Activity.pptx

Download Lesson 12, M2- Consumers & Producers Activity.pptx

Consumers & Producers Activity Google