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Goods & ServicesWants & Needs
By Kate GreenITRT – Suffolk City School 2007SOL – 1.7, 1.8
Needs & WantsNeeds & Wants
People can NOT have all the goods and services they want!
You must choose some things and give up others!
WantsWants
Something that you want, but can live without!
NeedsNeeds
Something you have to have to survive!FoodShelterClothing
GoodsGoods
Things people make or use to satisfy needs or wants.
ServicesServices
Activities that satisfy people’s needs and wants.
Community Helpers Game
Comparing Goods & ServicesComparing Goods & Services
Comparing Game
BuyerBuyer
A person who uses money to purchase (buy) goods or services.
SellerSeller
A person who sells goods or services.
Producers & ConsumersProducers & Consumers (Seller) (Buyer) (Seller) (Buyer)
Producers Story
Consumers Story