Grade 2 Social Studies · Goods and Services

Grade 2 Goods and Services Practice Test

Build Grade 2 social studies skills with five 10-question practice tests on goods, services, producers, consumers, needs, wants, money, prices, budgets, and saving.

Goods and Services Practice Tests

These Grade 2 Social Studies practice tests help students understand how people meet needs and wants through goods and services. Students identify producers and consumers, compare needs and wants, use prices and budgets, make trade-offs, and practice saving.

Skills covered

  • Distinguishing goods from services
  • Identifying producers and consumers
  • Comparing needs and wants
  • Understanding money, prices, receipts, supply, and demand
  • Using simple budgets and making trade-offs
  • Recognizing saving and responsible consumer choices

How to use these practice tests

Complete one 10-question test at a time. Look for clues about whether something is an object or helpful work, and whether a person is producing or consuming. When spending money, consider needs, prices, budgets, and future goals.

For more Grade 2 Social Studies practice, return to the Grade 2 Social Studies category.

1. Test

Grade 2 Goods and Services Practice Tests

A 10-question Grade 2 Social Studies practice test on goods, services, producers, consumers, needs, wants, money, prices, budgets, and saving.

Read each Goods and Services question carefully. Use the good, service, producer, consumer, need, want, price, or budget clue to choose one answer.

10 Questions
0/10 Questions0 %
Correct 0
Incorrect 0
Unanswered 10
1. QuestionMultiple choice

What is a good?

Please select an answer first.

Correct answer: A

The correct answer is An object people can buy or use.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: A good is a physical object that people can buy, sell, or use.
  3. Check the choice: The correct choice is An object people can buy or use.

A good is a physical object that people can buy, sell, or use.

2. QuestionMultiple choice

What is a service?

Please select an answer first.

Correct answer: B

The correct answer is Helpful work someone does for another person.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: A service is work or help provided for someone, such as teaching, cutting hair, or repairing a car.
  3. Check the choice: The correct choice is Helpful work someone does for another person.

A service is work or help provided for someone, such as teaching, cutting hair, or repairing a car.

3. QuestionMultiple choice

Which is a good from a grocery store?

Please select an answer first.

Correct answer: C

The correct answer is A loaf of bread.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: Bread is a physical object that people can buy and use, so it is a good.
  3. Check the choice: The correct choice is A loaf of bread.

Bread is a physical object that people can buy and use, so it is a good.

4. QuestionMultiple choice

Which is a service?

Please select an answer first.

Correct answer: D

The correct answer is A haircut.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: A haircut is work performed by a person, so it is a service.
  3. Check the choice: The correct choice is A haircut.

A haircut is work performed by a person, so it is a service.

5. QuestionMultiple choice

Which is a service provided by a teacher?

Please select an answer first.

Correct answer: A

The correct answer is Teaching a lesson.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: Teaching is a service because a teacher provides helpful work and instruction.
  3. Check the choice: The correct choice is Teaching a lesson.

Teaching is a service because a teacher provides helpful work and instruction.

6. QuestionMultiple choice

Which is a good?

Please select an answer first.

Correct answer: B

The correct answer is A book.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: A book is a physical object that can be bought and used.
  3. Check the choice: The correct choice is A book.

A book is a physical object that can be bought and used.

7. QuestionMultiple choice

Which is a service from a doctor?

Please select an answer first.

Correct answer: C

The correct answer is Medical care.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: Medical care is work provided by a doctor or health professional.
  3. Check the choice: The correct choice is Medical care.

Medical care is work provided by a doctor or health professional.

8. QuestionMultiple choice

Which is a good that a family might buy?

Please select an answer first.

Correct answer: D

The correct answer is A car.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: A car is a physical object that can be purchased and used.
  3. Check the choice: The correct choice is A car.

A car is a physical object that can be purchased and used.

9. QuestionMultiple choice

Which statement about goods is true?

Please select an answer first.

Correct answer: A

The correct answer is Goods are physical things people can touch.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: Goods are physical objects such as food, clothing, books, and tools.
  3. Check the choice: The correct choice is Goods are physical things people can touch.

Goods are physical objects such as food, clothing, books, and tools.

10. QuestionMultiple choice

Which statement about services is true?

Please select an answer first.

Correct answer: B

The correct answer is Services are helpful actions or work.

  1. Read the economics clue: Identify the good, service, producer, consumer, need, want, price, or money decision described.
  2. Connect the clue to daily life: Services are activities or work that meet a need or provide help.
  3. Check the choice: The correct choice is Services are helpful actions or work.

Services are activities or work that meet a need or provide help.

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Frequently asked questions about Grade 2 Goods and Services

What is a good?

A good is a physical object that people can buy or use, such as food, clothing, books, or tools.

What is a service?

A service is helpful work someone does for another person, such as teaching, repairing, delivering, or providing medical care.

How many questions are on this page?

The page includes five mini tests with 10 questions each, for 50 Grade 2 Goods and Services questions in total.