What Are Goods and Services?
What is a good?
A good is something that people make, buy, or sell.
Why do people trade?
People trade to get things they want or need.
Veterinarians, or vets, are doctors for pets, zoo animals, and farm animals.
In the past, why did we not have mechanics?
We did not have mechanics in the past because cars did not exist.
How is a want different from a need?
A want is something people would like to have but do not need in order to survive. A need is something people must have in order to survive.
What is a service?
Work people do for someone else
A ___________ is someone who buys goods and services.
Producer or Consumer
True or False
Volunteers are paid to help their community.
False!
Volunteers are not paid to help their community.
Before tractors were invented, what did farmers use to collect their crops?
Farmers used horses and wagons to collect their crops.
Wants or Needs
Food, water, and shelter are _________. Toys, Treats, and iPads are _________.
Food, water, and shelter are Needs. Toys, Treats, and iPads are Wants.
Look at your shoes. How do your shoes show a good and a service?
Someone provided a service by making your shoes to sell them.
True or False
American money is worth the same as Pesos in Mexico.
5 dollars = 5 pesos
False!
All currency is worth different amounts around the world.
Besides teaching fire safety, what do firefighters do for our community?
Fire fighters help fight fires and help with emergencies if you are sick. They can take you to a hospital if you need to see a doctor.
True or False
It is a law that children must go to school.
True!
Today all children must go to school. In the past, it was not a law and children could work to help their families instead of going to school.
What choice would be more responsible?
Going to the grocery store and buying dinner for the week OR Going to the mall and buying a new toy.
Going to the grocery store and buying dinner for the week would be more responsible because it is important to buy what you need first before buying something you want.
Farmers are _____________.
Producers or Consumers
Producers!
Farmers grow fruits, grains, or vegetables to sell.
What are some ways goods travel to stores?
Good can travel on Trucks, ships, planes, or trains to get to stores for consumers to buy.
How has factory equipment changed over time?
Machines were invented to help produce more goods at a time.
What makes jobs easier today?
Computers (technology) make jobs easier today especially for scientists or doctors.
How can people make good choices at a grocery store?
People can make good choices at a grocery store by buying things they need first and then buy things they want.
What Goods and Services can you find at school?
Answers may vary
What does money around the world all have in common? (based on the way it looks)
Different money around the world all have important things or people that is special to that country.
Different countries have different amounts too.
Name 3 Community Workers
Answers may vary.
____________ worked with wood and metal to make strong wheels.
Wheelwrights worked with wood and metal to make strong wheels.
______________ is when there is not enough of something.
Scarcity is when there is not enough of something.