Goods and Services economics lesson for kids | list of goods and services for students

The term goods refer to things that you can physically touch or pick up. If you go to a grocery store and buy a melon, you are buying goods from that store. These goods mean products that a store owner puts on a shelf and sells to a buyer. This is a very simple concept to understand.
Services refers to things that someone does for you. These things are not things that can be touched. This video contains a list of goods and services for students. With this distinction, students will be grounded in the concepts and will apply their knowledge to everyday life events. #goods #services #economicsforkids