Goods vs Services

This is a _______

• Good

• Service

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

This is a _______

• Good

• Service

Tags

CCSS.RF.2.3D

CCSS.RF.2.3E

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

This is a _______

• Good

• Service

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

This is a _______

• Good

• Service

Tags

CCSS.RF.2.3C

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

How are goods different from services?

• Goods are physical, tangible products, while services are intangible actions or tasks.

• Goods are actions, while services are products

Tags

CCSS.RI.3.2

CCSS.RI.4.2

CCSS.RL.2.2

CCSS.RL.3.1

CCSS.RL.3.2

Goods or services brought into a country.

• miraculously

• murmured

• imported

• gallantly

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

What are goods?

• Goods are intangible services that cannot be bought or sold.

• Goods are tangible products that can be bought and sold in the market.

Put the words in the correct blank.

a

b

c

d

consumer

good

service

producer

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

When you buy candy, go to the movies, eat in a restaurant or get your teeth cleaned by a dentist, you are a ______

• Consumer

• Producer

Tags

CCSS.L.4.6

CCSS.RI.3.4

CCSS.RI.4.4

CCSS.W.4.2D

CCSS.W.5.2D

Why do people need goods and services?

• People need goods and services to cause scarcity in the market.

• People need goods and services to satisfy their wants and needs.

Tags

CCSS.RL.2.10

CCSS.RL.3.10

CCSS.RL.3.6

CCSS.RL.4.10

CCSS.RL.4.6