Social Studies Grade 1

28.2

Learning Objectives : ● Students will be able to recognize the difference between goods and services. ● Students will be able to recognize that people are buyers and sellers of goods and services. “I Can” Statements : ● I can recognize the difference between goods and services. ● I can recognize that people are buyers and sellers of goods and services. Student Edition Vocabulary and Phrases: consumers: people who buy goods and services economics: how people make goods and provide services; how people earn and spend money goods: things people buy and sell producers: people who make goods or provide services for others services: work that one person does for someone else Language for Social Studies Learning: N/A Critical Thinking Question: Why are goods and services important at home, school, and in the community? Let’s Draw or Write: If you could produce any good or service for your community, what would it be? Explain how it would help the community. Wellness Questions: ● What can you do if you run out of certain goods? ● Who can you talk to if you need more goods? ● What are some of your favorite goods? ● What are some services you can do to help your family or class? ● What are some services that your family uses often? Weekly Assessment Questions: 1. Labeling: Are the children consumers or producers? 1) consumers producers 2. Labeling: Does the police officer provide a good or a service? 1) service good 3. True or false : Fruit is a service. 4. Fill in the blank: Choose the word that best completes the sentence. People earn money by working . Distractors: sleeping 5. True or false: Money is exchanged for goods and services.

Economics | Week 28

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