🛒 Part 1: Understanding Economic Roles

1. What is a consumer?

Someone who makes goods and services

Someone who buys goods and services

Someone who works in a bank

Someone who delivers products

2. What is a producer?

Someone who creates or makes goods and services

Someone who only buys expensive items

Someone who saves money

Someone who works in retail

3. Which of these are examples of producers in New Zealand? (Check all that apply)

A dairy farmer in Canterbury

A baker making bread

A family buying groceries

A software company creating apps

A student purchasing school supplies

4. In our role-play activity, what was the main goal of consumers?

To make as much money as possible

To buy goods and services within their budget

To become producers

To set the prices for goods

💭 Part 2: Reflection on Your Experience

5. Describe one decision you made as a consumer during the role-play. What influenced your choice?

6. Describe one decision you made as a producer during the role-play. How did you decide on your pricing or what to sell?

7. Which role did you find more challenging - consumer or producer? Explain why.

8. How do the decisions of consumers affect producers? Give a specific example from the role-play.

9. Complete the sentence: When many consumers want to buy the same product, the producer might _________________ the price.

increase

decrease

remove

ignore

10. Why are both consumers and producers important in New Zealand's economy?

11. Think of a real business in your community. Identify who the consumers and producers are for this business.

Business: _________________________

Producers: _________________________

Consumers: _________________________