EconEdLink

Related Lessons

Lesson: The Difference Between Goods and Services


Simple Simon Meets a Producer

A classic rhyme, Simple Simon and the Pie-Man, introduces students to the concepts of consumer and producer. Students learn that consumers are the people who buy and use goods and services. Producers make the goods and provide the services. When producers are working, they often use goods and services provided by other producers. These goods and services are called resources. An interactive activity helps students distinguish between consumers and producers. In a second activity, the students match producers with the resources needed to provide goods and services. A suggested follow-up lesson is We are Consumers and Producers which examines how students and their families function as consumers and producers in their homes and communities.

Grades: K-2
Published: 07/17/2003

What Do People Do?

Students will give examples of human resources that are producers, and identify goods and services produced by workers.

Grades: K-2
Published: 12/04/2001

Specialists Light Up Our Lives!

Peppe and his family moved to America to pursue the American dream. His mother has passed away, his father is ill,and all the children need to find work to help provide for basic essentials. Peppe is excited to find a job, only to be told by his dad that it is not a job he should be proud of. This lesson will challenge students to consider specialists in the community and the valuable goods and services they produce.  They will also learn how specialists depend on each other to satisfy their wants.

Grades: 3-5
Published: 02/23/2016

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Financial Fitness for Life: K-2 - Teacher Guide

This publication contains 16 stories that complement the K-2 Student Storybook. Specific to grades K-2 are a variety of activities, including making coins out of salt dough or cookie dough; a song that teaches students about opportunity cost and decisions; and a game in which students learn the importance of savings.

Grades: K-2
Published: 2010

12 out of 18 lessons from this publication relate to this EconEdLink lesson.

Playful Economics

Designed primarily for elementary and middle school students, each of the 15 lessons in this guide introduces an economics concept through activities with modeling clay.

Grades: K-8
Published: 2011

2 out of 17 lessons from this publication relate to this EconEdLink lesson.

Teaching Economics Using Children's Literature

This interdisciplinary curriculum guide helps teachers introduce their students to economics using popular children's stories.

Grades: 3-5
Published: 2006

2 out of 23 lessons from this publication relate to this EconEdLink lesson.