1. Word cloud
120 seconds
Which are goods, and which are services?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
2. Slide
60 seconds
"I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1"
Learning objective:
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
3. Slide
60 seconds
Goods are physical items that we buy or sell, e.g. food, clothes, toys. Services are activities that people do for us, e.g. haircuts, repairs, teaching. We use money to pay for goods & services.
Goods & Services
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
4. Slide
60 seconds
Goods: physical items that you can buy and use, such as food, clothing, toys, furniture, and toothpaste. Services: activities that people do for others, such as haircuts, car repair, and teaching. Producers: people who make goods and provide services for others to buy.
Concepts:
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
5. Slide
60 seconds
Goods and services are classified into 4 categories: consumer goods, capital goods, intermediate goods, and services. Goods and services are often exchanged for money, but bartering (trade for goods or services without money) is still common in some parts of the world. Goods and services are both essential for the functioning of an economy, but services make up the majority of the economy in most countries.
Did you know?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
6. Open question
180 seconds
Work together in pairs: What is an example of a good or service that people purchase to meet their needs?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
7. Personalised Feedback
360 seconds
Can you give an example of a good that you use every day, and explain why it is important to you?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
8. Open question
180 seconds
Work together in pairs: What are three examples of goods you can buy at a store?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
9. Drawings
450 seconds
Brain break: Draw a smiling orange slice having a dance party with a banana and a strawberry
10. Poll
60 seconds
What are goods?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
- Physical things that we can touch and buy
- Ideas and thoughts
- Actions and behaviors
11. Poll
60 seconds
What are services?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
- Fruits and vegetables
- Toys and games
- Activities or tasks that people do for others
12. Poll
60 seconds
Which of the following is an example of a good?
I can describe why people purchase goods and services. People purchase goods and services both for enjoyment and to meet their needs. 4.E.MI.1
- Teaching a class
- Singing a song
- A toy car
Suggested content
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