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History, Civics & Social Studies · Grade 1

Needs, Wants, Goods and Services

First graders tell goods (things you can touch) from services (work done for someone), see that producers make goods and provide services while consumers buy and use them, and learn why money makes trading easier, how people earn it, and how they choose between spending and saving for needs and wants.

  • 3 lessons
  • About 55 minutes
  • Goods, services and money: 7 questions
  • Ways to answer: fill in the blanks, choose an answer, match pairs, type a number, sort into groups and true or false
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What learners will discover

  • Tell goods (things people can touch and use) from services (work people do for others).
  • Explain that producers make goods or provide services and consumers buy and use them, and that one person can be both.
  • Explain how money makes trade easier, how people earn money by working, and how they choose to spend on needs and wants or save.

Lessons

  1. Goods and services 4 steps2 practiceabout 17 min
  2. Producers and consumers 4 steps3 practiceabout 18 min
  3. Money, earning and choosing 5 steps3 practiceabout 20 min
  4. Goods, services and money 7 questions at the end

Keep exploring

More 1st grade social studies

Guide for grown-ups