4.1.1+Lesson+4

= LESSON PLAN = created by: Manila First Grade Team

__Core Objective/Standard__:
Standard 4: Students will describe the economic choices people make to meet their basic economic needs.

__Student learning objective__:
Objective 1: Explain how goods and services meet people's needs. a. Identify examples of goods and services in the home and in the school. b. Explain ways that people exchange goods and services. c. Explain how people earn money by working at a job. d. Explain the concept of exchanging money to purchase goods and services.

__Materials needed__:
[|Goods & Services] [|Goods and Services We Use] -goods and services we use at home.

__Teacher (To) directions/actions/instructions__:
Define what Goods and Services mean in the economy. 1. Goods are things people make, grow, or can buy. 2. Services are things people do for others; they are jobs who help others.
 * See goods and services powerpoint

__Teachers/Students (With) actions__:
1. As a class complete the link [|Goods & Services] to help students understand what goods and services are and how they are different. 2. Fill in the chart from the link [|Goods and Services We Use] to help students chart differences of goods and services. 3. Students will play a class game of charades and draw out either a goods or service that they will act out for the class. The class will guess what the student is acting out, and then collectively decide if it is a goods or service. Record findings on a chart.

__Students (By) actions/activities students will do during lesson__:
1. Talk to students about objective c. 2. Explain to them how people earn money by working at a job. Tell the students that for the next two weeks they will be working to save fake money for a class store using goods and services. 3. Then explain the concept of exchanging money to purchase goods and services. Tell them that they will save their "money" to buy things from the class store.

__Assessment-these may be written, verbal, observations, etc__:
1. Have a class discussion about different goods and services in the community, and how we gain goods and services. 2. If desired make a goods and services sort for students to complete.