2. Social Studies Standard 4: Economics Indicators 2.4.4 Research goods and services produced in the local community and describe how people can be both producers and consumers. Taken from: http://dc.doe.in.gov/Standards/AcademicStandards/StandardSearch.aspx Link to activity: http://www.econedlink.org/lessons/index.php?lesson=EM194&page=teacher
3. What do businesses sell? Discuss the different things businesses sell. Make a chart on the board. Discuss how businesses sell both goods and services. Discuss how differences between goods and services. Make a t chart of goods and services.
4. Goods Have students decide what goods each of the following businesses sells in just one word. Grocery store—groceries Clothing store—clothing Jewelry store—jewelry Restaurants—food Toy store—toys Book store—books Gas store—fuel
5. Services How students decide which services each of the following businesses offer in just one word. Dry cleaners—clothes cleaning service Janitorial service—building cleaning service Lawn Care business—lawn fertilizing and cutting service Pet sitting business—pet feeding and walking Banks—money holding and check cashing Auto repair business—fixes cars Day care—child care
6. A Kennel’s Goods and Services Adorable Pooches Palace is a local Evansville Kennel. Teachers can search for a local kennel that has a website for students in their classroom. Explain that many businesses will offer both goods and services. Have students look at the website for Adorable Pooches Palace and make a list of the goods and services offered. Make a combined list on the board as a class.
7. What other local businesses offer goods and services? Put students into small groups. The teacher should collect local businesses’ brochures about their goods and services. Collect a variety of types of businesses such as lawn care, house cleaning, etc. Have students work together in their groups to analyze the brochures and make a list of goods the business offers and services the business offers.
8. Children’s Literature The Berenstain Bears and Mama’s New Job by Stan and Jan Berenstain Book Description: Each member of the Bear family has a job -- they depend on each other. When Mama decides to go into business, the rest of the family learns about time scarcity and all the goods and services Mama Bear provided for them before she went back to work.
9. Create a Business Students will get into groups and make up their own businesses. Students need to make a list of what goods and services their business offers. Students will make a brochure advertising the goods and services their business offers to present to the class. Groups will tell the class about their business and the goods and services it offers.
10. References Book: Berenstain , Stan & Jan. (1984). The Berenstain Bears and Mama’s New Job. Random House. Websites: http://dc.doe.in.gov/Standards/AcademicStandards/StandardSearch.aspx http://www.econedlink.org/lessons/index.php?lesson=EM194&page=teacher http://www.adorablepoochespalace.com/ http://michigan.gov/documents/Social_Studies_Trade_Books_42259_7.pdf
