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What Are Goods and Services? | Explore Economics Singalong (Grades 2-5)

Summary:
#kidssongs #learningforchildren #financialliteracy Ep. 6 helps kids understand that people buy and use both goods and services. -Goods are objects that satisfy people’s wants. Pencils, scissors, paper, toys, candy, a bed, a hat and a bike are all examples of goods. -Services are things people do for us that satisfy our wants. Getting your hair cut or ordering a meal are examples of services. Make sure you have a piece of paper and some crayons or markers for this lesson. Kids will draw a picture of a good or service that starts with the first letter of their name. Then, they will write a sentence that describes the good or service they drew. Kids also take a little quiz and learn a song about goods and services! More:

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#kidssongs #learningforchildren #financialliteracy Ep. 6 helps kids understand that people buy and use both goods and services. -Goods are objects that satisfy people’s wants. Pencils, scissors, paper, toys, candy, a bed, a hat and a bike are all examples of goods. -Services are things people do for us that satisfy our wants. Getting your hair cut or ordering a meal are examples of services. Make sure you have a piece of paper and some crayons or markers for this lesson. Kids will draw a picture of a good or service that starts with the first letter of their name. Then, they will write a sentence that describes the good or service they drew. Kids also take a little quiz and learn a song about goods and services! More: https://www.stlouisfed.org/education/exploring-economics-video-series What Are Goods and Services? | Explore Economics Singalong (Grades 2-5)
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FRED Blog
The Federal Reserve Bank of St. Louis is the center of the Eighth District of the Federal Reserve System. This District includes Arkansas, eastern Missouri, southern Illinois and Indiana, western Kentucky and Tennessee, and northern Mississippi.

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