Goods
What is a good?
Objects that you can buy to use
What is a service?
A job that pays you to do something for someone else
What is a producer?
A person or business that provides goods or services
What is a consumer?
Someone who uses goods or services
Name a type of good
Food, Clothes or Toys
What do consumers do?
Consumers buy and use goods and services
What is the difference between a need and a want?
A need is something essential (like food), a want is something that is nice to have but not necessary (like a video game).
Name a store that sells goods.
Grocery store, toy store, or clothing store.