Goods and Services; Needs and Wants Assessment Test- Grade 1

What is a good?

• Something you can buy and sell

• Something nice you do for a friend

• Something you use to make wood

What is a service?

• A person that needs help

• Useful work that helps other people

• Someone that helps you

Doctor: Goods or Service?

• Goods
• Service

______are something people must have to live.

• wants

• needs

______are something people would like to have.

• wants

• needs

What do people need to live?

• food, water, and shelter

• toys, candy, and bikes

• cupcakes, ipads, and chairs

• books, movies, and games

A need is something we can't live without.

• True

• False

A want is something we would like to have but could easily live without it.

• True

• False

Which of these items is a NEED?

• 
• 
• 

Is this a NEED or a WANT?

• Need

• Want