Good And Services

Learning Object — Clip
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Clip: Good And Services

Illustrates the definition of goods and services and introduces vocabulary

Student Application

People do many kinds of work to earn money. Find out what goods and services are and how people spend their money on them.

Learning Objectives

  1. Students will realize that most people work at a job to earn money; they are paid for the work they do. However, some people volunteer their services without an expectation to receive monetary compensation.
  2. Students will understand that people need to buy goods and services, like food, housing, and utilities. Since each good or ...

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Supporting Activities

  1. Before viewing the video

    1. Have students volunteer to tell what kind of work their parents do. Write the jobs on the board under "Parents Who Sell Things" or "Parents Who Do Things."
  2. After viewing the video