Goods and Needs

Things that people make to be sold to satisfy needs and wants.

• business

• Goods

• Services

• juice

___________________ are activities that satisfy people’s needs and wants.

Needs are things that we must have in order to survive.

Select our needs.

• mobile phone

• food

• clothes

• red car

• house

Wants are things that we would like to have to simply enjoy.

Select our wants.

• modern car

• food

• playstation

• i-pad pro

• house

A good is something you can't see or feel.

• True

• False

A service is something done for someone else. Sometimes people are paid for the services, sometimes they are not.

• True

• False

Is it a good or a service?

buying an orange

• Good

• Service

Is it a good or a service?

having your house cleaned

• Good

• Service

Is it a good or a service?

having someone fix your car

• Good

• Service

Is it a good or a service?

having a haircut

• Good

• Service