Goods and Services - Lesson for Grade 1, Chapter - Economy

In the "Goods and Services" lesson, part of the "Your World" unit in the economy chapter, first-grade students embark on an enlightening journey to understand the basics of the economy that surrounds them daily. Through engaging activities such as Community Helper Trivia, Goods and Services Worksheet, and a Goods and Services: Matching Worksheet, learners will get to explore the fundamental concepts of goods and services in an interactive and fun way.

Students will learn to distinguish between goods—physical items that satisfy human wants or needs—and services—activities performed by people or companies to satisfy human wants or needs. This distinction is crucial for young learners as it lays the groundwork for understanding how the economy functions and the role everyone plays within it. The Community Helper Trivia activity will help students identify various jobs in their community and understand how these jobs provide essential services that make daily life easier and more enjoyable.

Knowing the difference between goods and services and recognizing the importance of community helpers are vital skills that will help students become more aware of how their community works.

Estimated classroom time: 10 min
Chapter: Economy
Unit: Your World
Click on any activity below to start learning.
1st
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4:00 min
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Community Helper Trivia
Community Helper Trivia
video
2nd
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3:00 min
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Goods and Services Worksheet
Goods and Services Worksheet
worksheet
3rd
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3:00 min
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Goods and Services: Matching Worksheet
Goods and Services: Matching Worksheet
worksheet
Share your lesson with students by clicking:
  • Activity 1 / Community Helper Trivia

  • Activity 2 / Goods and Services Worksheet

    We all depend on goods and services, and the people who make our daily lives run smoothly. Teach your child more about everyday life and the people and things that are the most important, with this community helpers worksheet: Goods and Services!
    Offer this worksheet to help your child:
    • Gain a better appreciation of community helpers and the goods they provide
    • Understand the difference between goods and services
    Kids grow up to contribute to the community if they learn to appreciate it from an early age. Use this worksheet to bring a new awareness to the goods and services most important to everyone in your child’s community!

  • Activity 3 / Goods and Services: Matching Worksheet

    What are Goods? Goods are things that you use, eat or drink. The difference between goods and services is that a service is something or an act that someone does for you. Ask your kids if they can give you common examples of goods and some examples of services they see being rendered. Now, look at the pictures in this worksheet. Can your kids identify each of the people and places on the left side of the printout? Ask them to check the goods or services these people or places provide from the options on the right side.