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Students learn about physical objects that people make and grow.
Look around you right now. Can you find something you can touch with your hands, like a pencil or a shoe? These physical things have a special name in the world of money!
A good is something that you can feel and touch. If you can pick it up, hold it, or put it in a bag, it is a good! We use goods every single day. Your favorite toy, the clothes you wear, and the book you read are all examples of goods. Because they are physical objects, we say they are tangible.
Let's look at a soccer ball to see if it is a good. 1. Can you touch the soccer ball? Yes. 2. Can you kick it or use it to play? Yes. 3. Since you can touch it and use it, the soccer ball is good!
Quick Check
What do we call an object that we can touch and use?
Answer
A good.
When you go to a grocery store, almost everything you see is a good. People go to the store to buy these goods because they need or want them. You might see main types of goods: food (like apples), drinks (like milk), and household items (like soap). All of these are goods because you can touch them and take them home.
Imagine you have a shopping cart. You put these items inside: 1. A bunch of bananas (You can touch them!) 2. A box of cereal (You can touch it!) 3. A gallon of orange juice (You can touch it!) You now have goods in your cart.
Quick Check
Name one good you can find in a grocery store.
Answer
Answers may include: Apple, milk, bread, eggs, or toys.
Goods don't just appear on store shelves! They are either grown or made by people. Farmers grow goods like corn, carrots, and strawberries in the ground. Other people work in factories to make goods like bicycles, backpacks, and crayons using tools and machines.
Let's look at a wooden chair: 1. First, a tree is grown in a forest. 2. Next, a person uses tools to make the wood into a chair. 3. Finally, the chair is a good that you can touch and sit on!
Which of these is a good?
How do we get goods like carrots and corn?
A bicycle is a good because you can touch it and use it.
Review Tomorrow
Tomorrow morning, look at your breakfast. Can you name two goods on your table?
Practice Activity
Go on a 'Good Hunt' in your bedroom. Find goods that were made by people and good that was grown!