Goods and Services: What's the Difference?

Goods and Services: What's the Difference?

Learning Objective

At the end of the lesson, you will be able to differentiate between goods and services.

What do you already know about goods and services?

Slide 2: Goods

Goods are tangible objects that we can touch, feel, and own. Examples include toys, books, and clothes.

Slide 1: Introduction

Goods and services are essential parts of our daily lives. Let's explore what they are and how they differ.

Slide 3: Services

Services are actions or tasks that people do for others. Examples include haircuts, transportation, and teaching.

Slide 4: Goods vs. Services

Now let's compare goods and services. Goods are tangible, while services are intangible. Can you think of more differences?

Slide 5: Interactive Task

In groups, discuss and write down 5 examples of goods and 5 examples of services. Be ready to share with the class.

Slide 6: Sharing Examples

Each group will share one example of a good and one example of a service. Let's learn from each other!

Slide 7: Recap

Goods are tangible objects, while services are actions or tasks. They both play important roles in our lives.

Slide 8: Conclusion

Congratulations! You have successfully learned about goods and services. Keep an eye out for them in your daily life.

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.