Comparing Goods and Services

Contributor: Victoria Surface. Lesson ID: 10275

Have you ever thought of starting your own business? Where would you work? What would you do? Explore the world of goods and services. Try your hand at creative (and possibly money-making) projects!

categories

Economics

subject
Government
learning style
Auditory, Visual
personality style
Lion, Otter
Grade Level
Primary (K-2), Intermediate (3-5)
Lesson Type
Dig Deeper

Lesson Plan - Get It!

Audio:

Ever thought of starting your own business? What kind of business would you start? What would you do with the money you earned?

People use goods and services every day to satisfy their needs and wants.

In this lesson, you will explore some goods and services businesses provide, as well as the difference between goods and services.

Use the Graphic Organizer - 2 Column Chart to take notes about goods and services as you work through the lesson.

  1. Print one or two copies of the chart found in the Downloadable Resources in the right-hand sidebar.
  2. Label one column of the chart "Goods" and the other column "Services."
  3. You will write or draw things you learn from the videos below.
  4. A suggested answer key can be found on Comparing Goods and Services Notes and Answer Key (Downloadable Resources).

Watch the following videos to learn about goods and services. Pause each video as you learn something new and write or draw it on the Graphic Organizer - 2 Column Chart. When you are finished watching the videos, share the information you learned with a friend or family member.

Goods and Services from Shelby Scott:

 

Goods & Services.mov by Change Labs:

 

Producers & Consumers...Goods & Services 2nd Grade from kwalker4441:

 

When you have completed your notes, continue on to the Got It? section to explore more goods and services.

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