A Good or not a Good

Focus: Video of various commercials familiar to students.
Outcome: Students will be able to differentiate between a good and a service.
Objectives: Students will label items as a good or a service. Students will define goods and services. Students will name their own examples of goods and services.
Core Competencies: Addition and subtraction, problem solving, understanding concepts of goods and services and differences between the two.
Procedure:
1. Play home made video of various commercials.
2. Discuss videos. Ask students if they noticed anything similar about the commercials. Point out to the students that the commercials were trying to sell them something.
3. Compare two commercials which have been picked because one is a commercial on selling a good and the other is on selling a service.
4. Ask students why you couldn’t take home the product that was a service.
5. Teach the students that the item being sold is a good. Goods are things we can use and buy. They are items we can touch and hold. Discuss concept.
6. Discuss the differences and explain that activities like bowling, movies, and video games are called services. They are things that we buy that we cannot keep, we cannot touch, and we cannot hold.
7. Have students continue watching the video. Give the students a handout with a list of all the commercials on the video. Have students circle goods in red and services in blue crayon.
8. In their journals, have students write down three goods and three services.
Materials/Resources: Red and blue crayons, journals, and home made video of commercials showing goods and services
Evaluation: Handout, journal, class discussion, identification of types of commercials on video with 80% accuracy.
Extensions: Have more able students write their own commercials and perform them for the rest of the class. The rest of the class should be able to identify if the product is a service or a good.
Vocabulary: Goods and services, wants, limited resources, commercial
Related Skills: Reading and writing, addition and subtraction, problem solving.
Source: Berry, Jason and Murphy, Carole (1995). Elem. Educ. 253, Social Studies Methods, Univ. of Mo., St. Louis.