What is a primary difference between goods and services?

• Goods are always free while services are not.

• Goods are tangible items, while services are activities provided by others.

• Services can be stored for future use, but goods cannot.

• Goods are more important than services in an economy.

Which of the following is an example of a service?

• A loaf of bread

• A haircut

• A smartphone

• A pair of shoes

What type of community is characterized by a lower population density than cities and is often located on the outskirts of a city?

• Country

• Suburb

• City

• Neighbors

What does the term "neighbors" mean?

• People living in a different country

• Only those people who work in a hospital

• Members of a suburban community

• People who live near one another

People work in this _______.

What is a "country"?

• people who live near each other

• a large area that is not in a city

• things that people need

• to do a job

Groceries are (a)   .

• goods
• neighbors
• suburbs
• cities

What are "goods" in an economy?

• to provide entertainment to the population

• places where people live and work

• things people buy

• to do a job

Match the following

• goods

• 
• work

• 
• country

• 
• city

• 
• services

• 

Which of the following is an example of a good?

• A music concert

• A book

• A cleaning service

• A teaching session for the violin.