SSKE3 The student will explain how money is used to purchase goods and services. a. Distinguish goods from services.

SSKE3 The student will explain how money is used

to purchase goods and services.

a. Distinguish goods from services.

SSKE2 The student will explain that people earn

income by exchanging theirhuman resources (physical or mental work) for wages

or salaries.

• Taking out the trash• Washing the dishes • Doing your homework • Reading a book • Cleaning your room • Making your bed • Taking care of the pets • Setting the table • Practicing your instrument • Helping to cook • Watering the plants • Sweeping or vacuuming• Cleaning the bathroom

Do the following persons earn income by providing

a service or by providing goods (or

product)?