Intro to Business: Goods & Services Lesson

🎓 Intro to Business: Goods & Services | Full Lecture Video (Unit 7)
Welcome to Kloeker’s Education Foundation, where we provide quality content for amazing teachers. In this video, we break down what goods and services are, how they're classified, and why understanding them is key to how our economy works.

🧠 What You’ll Learn in This Lesson:

The difference between economic and noneconomic wants

What qualifies something as an economic good or service

Key characteristics of economic products: scarcity, usefulness, and transferability

The roles of producers, consumers, and resource owners

The difference between consumer and industrial products

Classification of consumer goods: convenience, shopping, specialty, and unsought

Categories of industrial goods: materials, parts, installations, equipment, and supplies

Ethical thinking in The Gray Zone—Should businesses sell controversial goods like fur?

📥 Companion materials available:
PowerPoint, lecture notes, vocabulary, handouts, activities, and assessments can be found in the
👉 Intro to Business: Goods & Services Unit 7 Bundle on Teachers Pay Teachers

🔗Link to PowerPoint: https://www.teacherspayteachers.com/Product/Intro-to-Business-Goods-Services-PowerPoint-13712915

🔗Link to Unit:
https://www.teacherspayteachers.com/Product/Intro-to-Business-Goods-Services-Unit-7-Bundle-13712951

🔗Link to Store:
https://www.teacherspayteachers.com/store/kloekers-education-foundation

📌 Ideal for high school business or CTE students, this lecture aligns with TEKS and national business education standards.

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