Cut out several ads and determine the percentage of savings. Clip a newspaper photo of a professional athlete, entertainer or politician. Paste the character on a large index card. Then, using all parts of the newspaper, cut out words, ads, or pictures which illustrate what this character might include on his or her wish list. Arrange the items around the character on the index card and share the list with your classmates.
Workers produce goods and services that satisfy people's wants.
A service is something someone does for someone else that satisfies a want, such as babysitting, mowing a lawn or a cutting hair. At random, circle 10 different jobs in today's want-ads. Collect data from the class to determine whether most jobs listed today produce goods or services to the economy. Businesses provide many goods and services while governments produce others, such as roads, libraries, national defense, parks, and schools. Using newspaper words, photos, comics, and shoves, create a class collage which depicts public goods and services and private goods and services.