Economics: Producers and Consumers
Understand what a consumer is
Recognize that everyone is a consumer
Identify different types of goods and services people consume
“He who has a generous eye will be blessed; for he shares his food with the poor.”
— Proverbs 22:9 (WEB)Demonstrates how consumers can use their resources to help others
Gather students in a circle and ask them to name something they bought or used recently
Explain that a consumer is someone who buys and uses goods and services. Everyone is a consumer because we all need things like food, clothes, and help from others.
Create a class poster showing different things people consume
Simpler: Use pre-cut pictures
Challenge: Research and include less common consumer items
Recap what we learned about consumers
Dear God, thank You for providing everything we need. Help us be thankful for the things we can use and buy.
Coming up: Tomorrow we'll learn how producers and consumers work together
“In all things I gave you an example, that so laboring you ought to help the weak, and to remember the words of the Lord Jesus, that he himself said, 'It is more blessed to give than to receive.'”
— Acts 20:35 (WEB)🎯 Activity: Act out giving and receiving
Understanding economic roles helps children appreciate how society works
Children might confuse producers and consumers
Child can explain what a consumer does
Great job completing today's lesson!