Grade-3 Social Science, Term-2 Chapter-3 Production, Producers and Consumers / Additional Exercises

   Chapter - 3 

Topic:  Production, Producers and Consumers

Choose the correct answer:

1.    The resources that get used up in the production are called:

a.    Raw Materials (✓)

b.   Production

c.    company 

d.   Goods

2.    To produce something, we need

a.    People to work

b.   Capital resources

c.    Product

d.   Both a and b (✓)

 Fill in the blanks with suitable words:

 (farmer, market, production, service provider, money)

1.    Production is making something.

2.    A farmer is a producer.

3.    A factory sends goods or services to the market or shop.

4.    People who shop in the market, buy goods by giving money to the seller.

5.    A consumer goes to the place where the service is provided or calls the service provider home.

Read the following example carefully and match the columns:

A businesswoman buys a shop, sewing machines and dress material. She hires tailors and designers to make clothes and sales people to sell the clothes in her shop.

A	B	Answer
Businesswomen	Capital resources	Producer
Tailors, designers, sales people	Producer	Human resources
Shop and Machines	Goods	Capital resources
Materials she uses to make dresses	Human resources	Goods

  

State whether the following statements are true or false:

1.   Everything used to make a good or service is called a productive resource. True

2.   Community workers are also producers. True 

3.   A person who buys a good for someone else is also a consumer. False

4.   A producer can not be a consumer. False

5.   Producers and Consumers need each other. True 

6.   Service is given in exchange for money. True

Give one word for the following:

1.    A place where workers use resources to make goods and they have machines and tools to help them to do this.

Factory

2.    The resources that get used up in production. 

Raw-materials

3.    People who use goods or services. 

Consumers

Answer these questions:

Q1.         Who is the producer?

Ans- A producer is someone who grows or makes something to be sold. It could be a good or a service.

Q2.         Who are consumers?

Ans- Consumers are people who use goods or services.

Q3.         What does a producer use to make a good or service?

Ans - To make a good or service, a producer uses following:

1-            Human effort (people to work)

2-            Capital resources (tools, machinery, etc.)

Q4.         What are intermediate goods?

Ans- Goods that are used to make other goods are called as intermediate goods. For example-  Flour is used to make bread.  Paper is used to make books.

Q5.         Why do producers need consumers? 

Ans- Producers need consumers because without consumers they will not be able to make a living and will not be able to give us the goods and service we need regularly.

Q6.         Why do consumers need producers?

Ans- Consumers need producers because without producers they will have to make all goods themselves and have no service providers.