Related Online Lessons

Goods and Services Students will be able to distinguish between people who produce goods and people who provide services to a community. Grade: K-2    Published: 05/17/2006

Mystery Workers In this lesson students review the concepts of goods, services, and producers using the Internet to locate examples of each in a teacher's classroo... Grade: K-2 3-5    Published: 02/18/2004

Old MacDonald Had a Farm Students sing the familiar tune, "Old MacDonald Had a Farm." They identify goods on the farm and suggest services that Farmer MacDonald might have pr... Grade: K-2    Published: 08/27/2003

Every Penny Counts You know that five dollars you got for your birthday? There are so many things you can spend it on, aren’t there? A toy boat to sail on the p... Grade: K-2    Published: 08/11/2003

Simple Simon Meets a Producer A classic rhyme, Simple Simon and the Pie-Man, introduces students to the concepts of consumer and producer. Students learn that consumers are the peo... Grade: K-2    Published: 07/17/2003

Related Print Lessons

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 6 of the 16 lessons are related to this lesson. The top 5 are listed below. Theme 1: Lesson 2 - Working for Income Students discuss goods and services that satisfy people's wants, and they construct a spyglass to help them identify goods and services at school. They also construct "Box Town," a model business com... Theme 4: Lesson 12 - We Are Borrowers Students experience borrowing time for a playtime activity and repay the borrowed time the next day. They analyze the borrowing decisions of Penny, Nicholas, and their classmates, and they determine... Theme 3: Lesson 9 - We Decide to Spend Students create want webs for a hamster and then for themselves. They experience spending money in exchange for goods and services when they use dimes to become consumers at a school carnival. Theme 3: Lesson 8 - We Are Consumers Students discover that they are consumers. As they fill their pockets with pictures of wants, students learn that consumers want both goods and services. As they try to help Nicholas choose a pet, a... Theme 2: Lesson 4 - Money Lets Us Choose Students listen to a short story introducing the difficulty of making choices. They discuss and experience costs and benefits as they make a choice among alternatives, using a grid. The class makes ...

Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2   Published: 1993 2 of the 25 lessons are related to this lesson. They are listed below. Unit 2: Lesson 6 - Mystery Workers Students play a questioning game as they learn that producers use their human resources by working in jobs to make goods and services. Unit 1: Lesson 2 - Consumer Reflections Students view a very special consumer and produce life-size silhouettes as they learn that consumers use goods and services to satisfy their wants. Unit 2: Lesson 9 - Learning Center: Producer Pigs Students hear a version of The Three Little Pigs and participate in a learning center which reinforces the concepts of natural, human, and capital resources. Unit 1: Lesson 4 - Learning Center: Winning Wants Students construct a winner's ribbon as they complete sentences describing many ways to satisfy a want. Unit 2: Lesson 8 - Producer Charades Students create charades representing services performed in their classroom and later apply for and "hired" to produce these services.

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 1 of the 18 lessons are related to this lesson. It is listed below. Unit 1: Lesson 4 - Choice In this lesson, students should recognize that they have the power to choose and that they do make many choices. Many people feel powerless because they think they don't make choices. Unit 1: Lesson 5 - Opportunity Cost In this lesson students will: Recognize the importance of identifying the opportunity cost of a potential choice; Use the concept of opportunity cost before making decisions; Avoid using the word "fre... Unit 3: Lesson 12 - Inputs, Plan, Outputs Students will take pride in their ability to produce something. Unit 3: Lesson 11 - Workers Use Other Resources Students will define resources as things that people can use to produce goods or services. They will identify human capital as a resource, identify examples of land, and identify examples of physical... Unit 1: Lesson 3 - Alternatives Have Advantages and Disadvantages In this lesson students will: Realize that alternatives have advantages and disadvantages; Accept responsibility for advantages and disadvantages of alternatives selected; And identify the advantages ...