Goods and Services
An object people want that they can touch or hold
Goods
We use this to pay for things like necessities and also for things we want
Money
We work together to help the community
Community Workers
Name one Advertisement
McDonalds, Gatorade, Milk, Coke...
How do we earn money?
People work to earn money
Actions or an action that someone does for you
Services
Paying money or buying something is called...
Spending
Name one community worker
Dentist, Police Officer, Nurse, Teacher, Fire Fighter, etc...
What is demand?
How much of something people want
Anything anyone wants or needs
Goods
When you hold onto your money instead of spending
Saving
Name two community workers
Dentist or Firefighter
Do advertisements always tell the truth? Why or why not?
No, not always because they just wants us to buy the product so they make the product sound the best that it can be.
What is supply?
How much of something is available
A professional activity can be an example of...
Services
Why do you think it is important to save money?
To gain more money over time
Why do we need community workers?
They help us and our community by keeping us safe and healthy.
How can you earn money as a kid?
Accept logical answers
Name one example of a good and one example of a service
Food, clothing, toys, furniture, and toothpaste are goods. Haircuts, mail delivery, and teaching are services.
Why is it important for adults to work?
To get money to buy things that we need.
Name one community worker and explain what he or she does
A Teacher teaches us new things and helps us learn.
What is the difference between need and want?
need is something you can't live without and want is something you can live without.