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Life SkillsEntrepreneurshipAges 5–8

Goods & Services

Some people make things (goods) and some people do things for others (services); recognising both in everyday life and understanding that both have value

Lesson

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“A family-ready teaching guide is not ready for Goods & Services yet. The topic description is not today’s Activity.”

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A family-ready teaching guide is not ready for Goods & Services yet. The topic description is not today’s Activity.

Guide not ready. Do not treat the Marble description or learning objective as the Activity.

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Federal Reserve Education · Practice link — not the full lesson

Teaching Resources

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Teaching Resources supports Goods & Services. An adult previews and guides; this is a learning page, not a scored quiz.

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Public Federal Reserve Education page. An anonymous GET on 2026-11-12 returned HTTP 200 with no login or payment prompt for this URL. Opening the link does not save practice or assess mastery. An adult should preview and guide the learner.

Federal Reserve Education. “Teaching Resources.” External page; Gakuva does not copy, host, embed, or redistribute materials.

Unknown — link only

Check understanding

  • Sort a set of pictures into goods (things you can touch) and services (things people do for you)
  • Give three examples of goods and three examples of services from their everyday life
  • Explain that both making things and helping people are valuable kinds of work
“Could your child tell you the difference between a product you buy in a shop and a service like getting a haircut, and give examples of each?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Entrepreneurship
Age range
Ages 5–8

Standards

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