Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 3-5, 6-8
,
Activity

Who Pays? Who Benefits? Who Provides?

Time: 15 mins,
Updated: January 4 2022,
Author: Council for Economic Education
Teacher Version
Objective Standards Summary Resources Procedure
Print

Objective

Students will be able to:

  • Recognize the difference between public and private goods and services.

Standards

National Standards in Economics

State Standards

Concepts

Goods and Services 1

In this economics activity, students identify differences in public and private goods and services.

Resources

 

 

Procedure

This is an individual activity where students will analyze the differences between public goods and services and private goods and services. Students will complete the Who Pays? Who Benefits? Who Provides Activity. Use the answer key to facilitate student work in real time. To complete this activity, students need to follow the directions below:

  1. Open Who Pays? Who Benefits? Who Provides Activity and respond to the questions.
Subjects:
Economics,Social Studies

Related Resources

Grades K-2, 3-5

Curious George Economics

Use the lovable character Curious George to capture student attention while teaching about personal finance and economics.
Key Concepts: Factors of Production 2, Goods and Services 1, Productive Resources 1…
Lesson

Grades K-2

Matching Goods and Services

In this economics activity, students will match key terms with the appropriate pictures.
Key Concepts: Goods and Services 1
10 mins
Activity

Grades K-2, 3-5, 6-8

Building Your Own City

In this economics activity, students choose the goods and services needed in their community.
Key Concepts: Goods and Services 1
20 mins
Activity