Goods And Services

What are Goods.....

• Goods are the things that can only be smelled

• Goods are the actions done for people

• Goods are the items that can be bought, touched and used

• Goods are the services done for others

3 Examples of Goods are _____, _____, and _____.

What are Services....

• Services are the actions done for people who pay for the services

• Services are goods that are made by people and used to make other goods or to provide services

• Services are materials that are obtained from nature

• Services are also called Labour, it includes people who do the work

What are the correct examples for Services..

• Playing with a toy

• Repairing a bicycle

• Getting a haircut

• Planting a tree

3 types of resources in Goods and Services are....

• Capital, human and natural resources

• Plants and Animal

• Energy, plants and animal resources.

• All of the above

Some resources are.....

• Needs and Wants

• Not nice or pretty

• Very bad and good

• Renewable and non-renewable

It is a...

• Good

• Service

• Natural resource

• Capital resource

It is a...

• Good

• Want

• Service

• All of the above

Who is a consumer

• A consumer is a person who buys Goods and Services

• A consumer is a person who buys Needs and Wants

• A consumer is a person who buys resources

• A consumer is a shopkeeper

Draw any Good