Goods and Services Teaching Resources
Make your goods and services lesson prep a snap this school year! Download printable coloring and sorting goods and services worksheets and digital activities that allow kindergarten, first-grade, and second-grade students to explore the difference between a good and a service.
In this teacher-created collection, you’ll find curriculum-aligned teaching resources that have been carefully reviewed and chosen by our teacher team to help you help your students understand these basic economic principles of society. This is our way of making your lesson planning easier!
Is this your first year teaching this section of the social studies curriculum, or are you just looking for some fresh ideas? Read on for some tips from our teacher team on explaining the difference between a good and a service, how to describe producers and consumers and some fun activity ideas!
What Are Goods and Services? A Kid-Friendly Definition
Whether you're introducing the topic in kindergarten or building on students' prior knowledge of goods and services, it's helpful to have a kid-friendly definition on hand to explain what these two concepts are! Here's how our teacher team breaks down each term and explains their differences:
- Goods are physical items that people buy or use to satisfy their needs and wants. We can touch goods!
- Services are actions or activities that people pay for to meet their needs and wants. We can't touch services because they aren't tangible.
Teaching Goods and Services — Fun Activities
This collection is stocked with plenty of printable and digital activities, but to help you get inspired, here are a few more ideas from our teacher team!
- Go to Market! Break students into small groups. Have each group create a good or service, advertise and then buy/sell their creation at a classroom marketplace. This is a great project for 1st grade to demonstrate their learning!
- Business Partnership Challenge. Have your 5th grade students work in small groups to create a partnership between two small businesses. Each group can represent a different business and negotiate partnership agreement terms, such as how they will share profits and resources. Students should be thinking about the benefits and challenges of partnering with another business and how partnerships can help small businesses succeed.
- Meet an Entrepreneuer. Explore the role of small businesses in the economy by inviting a local entrepreneur to visit your 4th grade classroom. Before the visit, brainstorm questions as a class to ask the entrepreneur about the challenges and rewards of starting a business.
Read on for more useful information about goods and services for your lesson plans!
Goods and Services Examples
Looking for some goods and service examples your students can actually relate to? We've got you covered!
Goods Examples for Kids
- Toys
- Pencils
- Cellphones
- Books
- Pizza
- Cars
- Sneakers (or tennis shoes)
- Computers
- Gluesticks
- Paper
Services Examples for Kids
- Haircut
- Music lesson
- Dentist appointment
- Car repair
- Plumbing service
- Dog grooming
- Pizza delivery
- House painting
- Babysitting
- Dog walking
Important Goods and Services Vocabulary
Here are a few important vocabulary terms for your social studies lessons.
- Consumer — A person who buys and uses goods and services.
- Producer — A person or business that makes or provides goods and services.
- Supply — The amount of goods and services that are available for sale.
- Demand — The amount of goods and services that people want to buy.
- Trade —The exchange of goods and services between countries or individuals.
- Entrepreneur — A person who starts and runs a business, taking on financial risk in the hope of making a profit.
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Where to Buy Goods and Services Worksheet
Identify places and people in the community that provide goods and services with a cut and paste sorting worksheet.
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Goods and Services Matching Activity
Practice identifying examples of goods and services with a matching activity.
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Goods and Services Exit Tickets
Assess your students’ abilities to differentiate between goods and services with a set of twenty exit tickets.
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Goods and Services Worksheet
Determine examples of goods and services with an economics worksheet.
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This or That! Goods and Services Active Game
Practice identifying examples of goods and services with an active game designed to get your students moving and learning.
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Goods and Services Mini Book
Read, write, and draw to learn about goods and services with a printable mini-book.
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Goods and Services Advertisement Project
Engage your learners with an end-of-unit Goods and Services project.
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Goods and Services Writing Center
Blend your Social studies and writing content with a Goods and Services writing center.
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Goods and Services-Google Interactive
Identify and sort goods and services in locations around the community with a Google Interactive Activity.
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Goods and Services Bingo
Practice identifying examples of goods and services with a few rounds of Goods and Services Bingo!
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Goods and Services Task Cards
Use the Goods and Services Task Cards to practice identifying goods and services.
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Color It! Good or Service Worksheet
Practice identifying examples of goods and services with a coloring activity .
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Goods and Services Sorting Worksheet
Practice identifying examples of goods and services with a cut and paste sorting worksheet.
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Move It! Goods and Services Slides Game
Practice identifying examples of goods and services with an active game designed to get your students moving and learning.
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Teaching Goods and Services Presentation
Teach your students to identify and describe examples of goods and services with an interactive teaching presentation.
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Goods and Services Vocabulary Foldable
Write the definitions for vocabulary words associated with your Goods and Services Teaching Presentation on this foldable worksheet.
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Goods and Services Worksheet
Practice identifying and describing examples of goods and services.
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Goods and Services Sorting Activity
Identify things as either "goods" or "services" by looking at 20 examples and sorting them into their appropriate category.
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Goods and Services Word Search
Stretch your students’ vocabulary and reading skills with this economics-focused word search that features examples of goods and services.