Economics for Kids: Goods and Services
3 min1st2nd3rdSocial Studies
Summary
An economics mini-lesson on goods and services: goods are things you can touch and buy, while services are helpful actions people do for others.
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All ages
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Teaching resources
Discussion questions
Goods are things you can touch; services are helpful jobs people do.
- What is a good? What is a service?
- Can something be a good AND come with a service?
- What goods and services are in your community?
Quick work-a-long
Words to know: goods, services, community
- List three goods and three services around your town.
- Sort five examples a partner gives you into goods or services.