Lesson Plan
Goods and Services: Let's Make a Deal!
Have your students experience the act of trading goods and services with bartering. In this activity, students will have the opportunity to make a deal, in order to get what they want. Better yet, make a deal without spending a cent!
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Learning Objectives
Students will be able to understand that bartering is the exchange of goods and services.
Introduction
(5 minutes)- To capture students’ interest, show them an item they would really like to have. Examples may include a candy treat, a favorite book, a pencil, or a homework pass.
- Then, tell students that you are willing to trade your item for another. Ask students to name some goods that they would be willing to exchange.
- Record this information on a t-chart under the category of "Goods."
- Next, tell students that you are also willing to trade your item for a service. Ask students to list some services that can be completed in the classroom. Examples may include sharpening pencils, erasing the boards, cleaning out desks, and tidying the room.
- Record this information on a t-chart under the category of "Services."