Why are they better off trading?
Carlos has a pack of pens and he wants a new eraser. Susan has several erasers but needs something to write with.They are going to trade.
200
Something that you can touch
What is a good?
200
This is paid for by a consumer (customer)
What is a service?
200
Candy
What is a want?
200
keeps pets healthy
Who is a veterinarian?
200
Why are they better of trading?
Michael is a math whiz (very good at math) but has a broken bicycle. Cheryl is good at fixing bicycles and needs help with math.
300
electricity
What is a service?
300
clothing
What is a good?
300
Water
What is a need?
300
Keeps neighborhoods safe
Who is a police officer?
300
Manuel is a furniture designer. He is making a chair. What is one capital good he needs from his workshop in order to make the chair.
400
toys
What is a good?
400
Doctor's Visit
What is a service?
400
pizza
What is a want?
400
keeps the beach safe
Who is a lifeguard?
400
Why do people trade goods and services with each other?
500
Something that satisfies a want or need.
What is a good or service?
500
groceries
What is a good?
500
video games
What is a want?
500
collects trash from your trash can
who is a trashman/ garbage man?
500
This is for everyone!! Classroom discussion. Who provides some services in this school? What service do they provide. There are many different answers so everyone can have a turn.