Good and Services

What is a good?

• Goods are something people can make.

• Goods are something that you can buy or use.

• Goods are good.

• Goods are bad.

Examples of goods are?

• Baseball Mitt, Pineapple, crayons

• teacher, principal, janitor

• turtle, giraffe, snake

What is a service?

• A service is a good.

• A service is something you earn.

• A service is something someone does for you.

Examples of services are?

• corn, tuna, candy

• jogging, walking , playing

• Flight attendant, bus driver, firefighter

How are services paid?

• Services are paid by mom and dad.

• Some services are paid for by YOU and some services are paid for by TAXES, which is money paid to the government.

• Services are paid by the principal and teachers ONLY.