Worksheets for economic activities of goods and services

Contributed by:
Steve
This booklet contains a worksheet that can be used in many different ways to introduce, reinforce, or evaluate the concepts of goods and services. It helps the students to learn in a creative and fun manner.
1. Economics
Activities
Goods
and
Services
2. Goods and Services:
As part of an economics unit, the next two
worksheets can be used in many different ways to
introduce, reinforce, or evaluate the concepts of
goods and services.
1. Before passing either skill sheet out to the students, the
teacher could use the contents to provide whole class practice.
Sample whole-group question: "Which of these provides a
service: cook, computer, or lumber?"
2. The skill sheets could be displayed on a white board using a
document camera. Students could take turns filling in answers.
3. The teacher could out the first skill sheet, and complete it with
the class working as a whole group. Students would
independently complete the second skill sheet in class or for
4. Another alternative would be to pass out the first skill sheet for
students to work on in pairs, with or without pencils. Students
could then return to their seats to independently complete the
second skill sheet in class or for homework.
5. If these basic concepts have already been taught, the first skill
sheet could be used to review, and the second skill sheet could
be used to evaluate the students’ understanding. The teacher
should encourage students to read the directions carefully for
sections C and D. These sections require only one answer per
Successful completion of this skill sheet indicates student mastery
2
of these concepts.
Page
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3. Name __________________________________________ ____/4
Goods and Services: Worksheet #1 A good is something that
is intended to satisfy wants
or needs of a consumer.
BIG IDEA:
1. ► A good is something people want or need that can be held or
2. ► A service is work people do for consumers.
A. Directions: Write the word that best completes each statement.
1. A _______________________ is work people do for consumers.
2. A _______________________ is something people want or need that can be
held or touched.
BIG IDEA:
1. ► Examples of goods: shoes, computer, and umbrella.
2. ► Examples of services: lawyer, cook, and pet sitter.
B. Directions: Write the word that best completes each statement.
1. Lawyers, cooks, and pet sitters all provide __________________________.
2. Clothes, umbrella, and computers are all __________________________.
◊ ◊ ◊
+ Think Ahead: What are three goods a cook might need to provide his or her service?
3 Page
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4. Name __________________________________________ ____/19
Goods and Services: Worksheet # 2 A service cannot be
held or touched; it is work
A. Directions: Which of these are goods? Circle four (4) more people do for consumers.
answers. The first one is done for you.
1. book 4. custodian 7. necklace
2. doctor 5. shirt 8. inventor
3. bicycle 6. lawn care 9. desk
B. Directions: Which of these provide services. Circle five (5).
1. water 4. car wash 7. dog groomer
2. dentist 5. ice cream 8. teacher
3. pizza 6. police officer 9. soda
C. Directions: Circle one word or term in each ROW that is a good.
1. scientist police officer milk car wash
2. dentist shirt dry cleaning doctor
3. artist house painter trash removal car
4. football actor teacher mechanic
5. umpire hammer tour guide scientist
D. Directions: Circle one word or term in each ROW below that best describes a service.
1. hair dresser shirt computer baseball
2. broom scientist car pencil
3. television paint hamburger house painter
4. dentist tomato hammer comb
5. fork couch apple actor
+ Think Ahead: What service(s) could someone provide with these goods: lawn mower, gas
can, wheelbarrow, and mulch?
4
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5. Name _____ANSWER KEY_________________________ ____/4
Goods and Services: Worksheet #1 A good is something that
is intended to satisfy wants
or needs of a consumer.
BIG IDEA:
1. ► A good is something people want or need that can be held or
2. ► A service is work people do for consumers.
A. Directions: Write the word that best completes each statement.
1. A ____service__________ is work people do for consumers.
2. A ____good______________ is something people want or need that can be
held or touched.
BIG IDEA:
1. ► Examples of goods: shoes, computer, and umbrella.
2. ► Examples of services: lawyer, cook, and pet sitter.
B. Directions: Write the word that best completes each statement.
1. Lawyers, cooks, and pet sitters all provide ___services___________.
2. Clothes, umbrella, and computers are all _____goods_____________.
◊ ◊ ◊
+ Think Ahead: What are three goods a cook might need to provide his or her service?
__Sample answers: food items (milk, flour, or salt), bowls, spoons, oven, apron, etc. Accept any
5 Page
reasonable answer._____________________________________________________________
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6. Name __________________________________________ ____ /19
Goods and Services: Worksheet # 2 A service cannot be
held or touched; it is work
A. Directions: Which of these are goods? Circle four (4) more people do for consumers.
answers. The first one is done for you.
1. book 4. custodian 7. necklace
2. doctor 5. shirt 8. inventor
3. bicycle 6. lawn care 9. desk
B. Directions: Which of these provide services. Circle five (5).
1. water 4. car wash 7. dog groomer
2. dentist 5. ice cream 8. teacher
3. pizza 6. police officer 9. soda
C. Directions: Circle one word or term in each ROW that is a good.
1. scientist police officer milk car wash
2. dentist shirt dry cleaning doctor
3. artist house painter trash removal car
4. football actor teacher mechanic
5. umpire hammer tour guide scientist
D. Directions: Circle one word or term in each ROW below that best describes a service.
1. hair dresser shirt computer baseball
2. broom scientist car pencil
3. television paint hamburger house painter
4. dentist tomato hammer comb
5. fork couch apple actor
+ Think Ahead: What service(s) could someone provide with these goods: lawn mower, gas
6
can, wheelbarrow, and mulch?
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__Sample Answer: Someone with these goods could start a lawn mowing or lawn care service.
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