Social Studies Grade 2 - Trading for Goods and Services

Question 1

To trade goods or services without using money is called ___?

Accepted Answer

barter

Question 2

To buy, sell, or exchange goods or services with someone else is called ___?

Accepted Answer

trade

Question 3

Long ago, people would barter to get what goods they needed.

Accepted Answer

True

Question 4

How do people get the goods and services they want and need?

Accepted Answer

trade

Question 5

How much of a good or service there is, is called ___?

Accepted Answer

supply

Question 6

When people go to the store today, they primarily use what to pay for things?

Accepted Answer

money

Question 7

What people want is called ___?

Accepted Answer

demand

Question 8

All goods and services found in the United States are produced in the United States.

Accepted Answer

False

Question 9

Any place where people trade for goods and services is called a ___?

Accepted Answer

market

Question 10

In order to get the things we use in the United States, we can...

Accepted Answer

trade goods and services with other countries

Question 11

Who makes choices about what to sell?

Accepted Answer

producers

Question 12

People in the United States do not trade goods with other states.

Accepted Answer

False

Questions 12