Goods and Services

Life Skills · Entrepreneurship · ages 5-7

Name ______________________ Date ____________

Which one of these is a service?
- A toy car
- A haircut
- A pair of shoes
Which one of these is a good?
- A loaf of bread
- A haircut
- A bus ride
A good is something you can touch and take home.
Circle one: True False
Which group has three services?
- A doctor's check-up, a haircut, a bus ride
- A toy, a book, a shoe
- A haircut, a toy, a bus ride
Which group has three goods?
- A haircut, a check-up, a bus ride
- Bread, a haircut, a toy
- Bread, shoes, a toy
Making things and helping people are both valuable kinds of work.
Circle one: True False
A florist grows flowers. She also delivers them to your door. Which part is a service?
- The pots the flowers grow in
- The flowers themselves
- Delivering the flowers to your door
Leo says only people who make things do real work. He says helpers don't do real work. Is Leo right?
- Yes, only goods matter
- No, helping people is valuable work too
- Yes, services are not real jobs

Answer key

For grown-ups. Fold this page away before handing over the rest.

A haircut · A haircut is something a person does for you. That makes it a service.
A loaf of bread · Bread is something you can touch and take home. That makes it a good.
True · Yes. Goods are things you can touch, like toys or food.
A doctor's check-up, a haircut, a bus ride · A check-up, a haircut, and a bus ride are jobs. People do them to help you.
Bread, shoes, a toy · Bread, shoes, and a toy can all be touched and kept.
True · Yes. A baker makes bread. A doctor helps you get better. Both jobs matter.
Delivering the flowers to your door · Delivering is a job someone does for you. That makes it a service, not the flowers.
No, helping people is valuable work too · Helping people is valuable work too. A teacher and a doctor both help others.