Goods, Services, and Trade Quiz

Grade 2 · Social Studies · Quiz

Test your knowledge of goods, services, and how people trade.

Questions

1. Which is an example of a service?

   1. A bicycle
   2. A pizza
   3. A doctor visit
   4. A book
   Show answer

   Answer: A doctor visit

   A doctor visit is a service — something a person does for you, not something you can hold.

2. What are goods?

   1. Things people do for others
   2. Things you can touch and buy
   3. Rules for the community
   4. Stories people share
   Show answer

   Answer: Things you can touch and buy

   Goods are physical things you can touch and buy, like food or toys.

3. What do we call a person who makes or grows things to sell?

   1. A consumer
   2. A voter
   3. A producer
   4. A mayor
   Show answer

   Answer: A producer

   A producer is a person who makes or grows goods to sell to others.

4. What is barter?

   1. Buying things with coins
   2. Trading goods without using money
   3. Writing a list of needs
   4. Growing your own food
   Show answer

   Answer: Trading goods without using money

   Barter means trading goods directly with someone else without using money.

5. A student who buys school supplies at a store is acting as a ______.

   1. producer
   2. mayor
   3. consumer
   4. farmer
   Show answer

   Answer: consumer

   When you buy something at a store, you are acting as a consumer.

6. A haircut is an example of a good.

   Show answer

   Answer: False

   A haircut is a service — it is something a barber does for you, not a physical object.

7. When two countries buy and sell goods from each other, this is called ______.

   1. local shopping
   2. international trade
   3. bartering
   4. voting
   Show answer

   Answer: international trade

   International trade is when countries exchange goods and services with each other.

8. Which pair shows one good and one service?

   1. A toy and a book
   2. A haircut and a teacher
   3. An apple and a doctor visit
   4. A pencil and a notebook
   Show answer

   Answer: An apple and a doctor visit

   An apple is a good (something you can touch) and a doctor visit is a service (something done for you).

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