Consumers + Producers: Economics Role Play

This is a Consumers + Producers: Economics Role Play.

In this role play, there are eleven businesses under four categories. The businesses include:

Food/Restaurants:

Downtown Diner

Bake Me Happy

The Farmer's Market

Clothing Stores:

Sew What

Cozy Clothing

Beautiful Boutique

Recreation Stores:

Spikes Bikes

Outdoor Store

Misc. Stores:

The General Store

Best Pets

Once Upon A Time Bookstore

Depending on class size, one student should be responsible for each business. Each student will have different roles. Some students will be business owners, some students will be consumers and one or more students will be headquarters.

This activity is a fun, hands-on activity to teach about opportunity costs, goods, services, consumers, producers, etc. This is a great activity for grades 3rd through 7th grade. The activity includes a detailed procedure and sample room set-ups to make the planning and implementing process easier.

The labels for the businesses are fun and colorful. Students could also design their own business signs.

- 45-page PDF

- post-activity discussion guide and real life application discussion questions. Discussion questions can be used as whole-group discussion, small-group discussion or assessments. There is an answer key for the discussion

- vocabulary worksheet and answer key. Vocabulary words include: consumer, producer, goods, services