The Dasinger Daily
  • Welcome
    • Book Forum
    • Course Syllabus
    • Games and Entertainment
    • Infinite Campus
    • Meet Mrs. D
    • Supply List
  • Homework
  • Language Arts
    • Author's Craft >
      • Author's Purpose
      • Connotation and Denotation
      • Figurative Language
      • Mood and Tone
      • Text Structure
    • Class Novels >
      • Wonder >
        • Treacher-Collins Syndrome
        • While Reading Wonder
        • Vocabulary Lists
    • Reading Strategies >
      • Citing Text Evidence
      • Context Clues
      • Inferencing
    • Story Elements >
      • Character
      • Conflict
      • Genre
      • Point of View
      • Theme
  • Writing Workshop
    • Argument - Literary Essay
    • Argument - Compare and Contrast
    • Information - Research >
      • Charts
      • Mentor, Student, and Teacher Examples and Texts
      • Videos
    • Personal Narrative
  • Social Studies
    • Civilizations >
      • Mesopotamia
      • Ancient Egypt
      • Ancient India
      • Ancient China
    • Economics >
      • Goods and Services
      • Factors of Production
      • Producers and Consumers
      • Scarcity
      • Specialization
      • Supply and Demand
    • Geography >
      • 5 Themes of Geography >
        • Emmanuel Yeboah Webquest
      • Latitude and Longitude
      • Regional Tri-Fold Project
      • Timelines
      • Throw a Dart PBL
      • World Geography Webquest
    • Government >
      • NEWSIES
    • Enrichment Activities
  • Growth Mindset
    • Identifying Your Mindset
    • Grow Your Brain

Producers And Consumers

Picture
Producers make goods or provide services. They decide how much to produce and how to produce it. They also set their own selling prices. Consumers buy the goods and services they want from producers.


In a market economy, which is also known as capitalism or the free enterprise system, people own their goods and property. Producers in a market economy are free to decide what goods and services to make and what prices to charge. what consumers buy is based on incomes and needs. 


In a market economy, government involvement is limited but very important. the government sets laws and regulations to protect against corruption and to guard people's rights.


Powered by Create your own unique website with customizable templates.
  • Welcome
    • Book Forum
    • Course Syllabus
    • Games and Entertainment
    • Infinite Campus
    • Meet Mrs. D
    • Supply List
  • Homework
  • Language Arts
    • Author's Craft >
      • Author's Purpose
      • Connotation and Denotation
      • Figurative Language
      • Mood and Tone
      • Text Structure
    • Class Novels >
      • Wonder >
        • Treacher-Collins Syndrome
        • While Reading Wonder
        • Vocabulary Lists
    • Reading Strategies >
      • Citing Text Evidence
      • Context Clues
      • Inferencing
    • Story Elements >
      • Character
      • Conflict
      • Genre
      • Point of View
      • Theme
  • Writing Workshop
    • Argument - Literary Essay
    • Argument - Compare and Contrast
    • Information - Research >
      • Charts
      • Mentor, Student, and Teacher Examples and Texts
      • Videos
    • Personal Narrative
  • Social Studies
    • Civilizations >
      • Mesopotamia
      • Ancient Egypt
      • Ancient India
      • Ancient China
    • Economics >
      • Goods and Services
      • Factors of Production
      • Producers and Consumers
      • Scarcity
      • Specialization
      • Supply and Demand
    • Geography >
      • 5 Themes of Geography >
        • Emmanuel Yeboah Webquest
      • Latitude and Longitude
      • Regional Tri-Fold Project
      • Timelines
      • Throw a Dart PBL
      • World Geography Webquest
    • Government >
      • NEWSIES
    • Enrichment Activities
  • Growth Mindset
    • Identifying Your Mindset
    • Grow Your Brain