Social Studies - Buyers, Sellers, & Markets

Social Studies - Buyers, Sellers, & Markets

Objective

We will learn about goods and services, bartering and trade.

What are goods?

Goods:  Products people make, use or share

Examples of Goods are: askets, books, food, animal skins, pots, towels

Multiple Choice

What are goods?

• Things people make, use, or share.

• Things you do for other people

• Things you say

What are Services?

Services are work done for other people

Examples are; haircut, car repair, building something, house cleaning, banking

Multiple Choice

What are services?

• Work done for other people

• Things people make, use, or share

• Things people say

Multiple Choice

Pots, towels, cake, baskets, & goods are examples of

• services

• goods

Multiple Choice

Haircut, banking, dry-cleaning, & car wash are examples of

• goods

• services

Money was not always around!  So… how would you get things your needs and wants?

• Trade goods for other foods

• Trade goods for services OR trade services for goods.

Multiple Choice

If money was not around how would you get the things you want?

• Trade goods for goods

• Trade goods for services

• All of the above.