GLCE: K – E1.0.2 Distinguish between goods and services Sarah Shanahan

BOOKS “What are Goods and Services?” By: Carolyn Andrews. This book is a great introduction to various types of goods and services by discussingproduction, consumers' wants and needs, scarcity and surplus, specialization, and different types of economies. “Bread Comes to Life.” By: Geoge Levenson. One of the first economics ideas to which children are exposed when they enter elementary school is that natural resources are products of nature that can be used to make goods and services. Bread Comes to Life is an ideal book for teaching such a lesson about natural resources. “On Market Street.” By: Anita Lobel. A boy goes shopping on Market Street, traveling through the alphabet as he buys various goods. “Bebe Goes Shopping.” By: Susan Elya. Rhyming text describes a trip to the grocery store for a mam and her baby boy. Includes Spanish words.

The Market Song Consumers buy goods from producers Consumers buy services, too. Consumers buy things from producers And use them; yes, that's what they do ! Consumers! Consumers! They pay the producers for what they use. Consumers! Consumers! They pay for the things that they use ! Producers make goods from resources. Producers make services, too. Producers make things for consumers And sell them; yes, that's what they do ! Producers ! Producers ! They make things by using resources. Producers ! Producers ! They make things and sell them to use. Markets are to buy and to sell things. Markets are where we exchange. We exchange as we buy and sell things. Producers, consumers exchange. Markets, markets Oh Markets are where we exchange, exchange. Markets! Oh, Markets! Producers, consumers exchange By: Joanne Griffin Goods and Services Goods, goods, goods, are things That we make and use. We're buying and selling And selling and buying Any goods we choose. Services are things we do That other people use. We're buying and selling And selling and buying Services that we choose. By: Joanne Griffin

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