Here's the completed worksheet with answers and explanations:
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1. You get your hair cut.
✔ Service
*Explanation:* A haircut is performed by a stylist or barber — it’s an action or labor you pay for, not a physical item you take home.
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2. You buy a book from a garage sale.
✔ Good
*Explanation:* A book is a tangible item you can hold, read, and keep. Even if bought secondhand, it’s still a physical product.
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3. You buy your mother a flower from a flower shop.
✔ Good
*Explanation:* The flower is a physical object you purchase and can take home (even though it may wilt later).
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4. You hire someone to cut your lawn.
✔ Service
*Explanation:* Lawn cutting is work performed for you — you’re paying for labor, not taking home a product.
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5. You visit the doctor for a checkup.
✔ Service
*Explanation:* A medical checkup involves professional care, diagnosis, or advice — it’s an intangible service provided by the doctor.
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6. You purchase a game to give as a birthday gift.
✔ Good
*Explanation:* The game (board game, video game, etc.) is a physical or digital product you own and can give away.
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7. You pay your sister $5 to clean your messy bedroom.
✔ Service
*Explanation:* Cleaning is a task performed for you — even if it’s family, you’re paying for labor, not receiving a product.
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8. You buy an ice cream cone from an ice cream truck.
✔ Good
*Explanation:* The ice cream cone is a tangible, consumable item you physically receive and eat.
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9. You take an airplane when you go on a trip.
✔ Service
*Explanation:* Air travel is a transportation service — you’re paying for the experience of being flown somewhere, not owning the plane.
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10. Your brother sells you his old baseball mitt for $2.
✔ Good
*Explanation:* The baseball mitt is a physical item you can touch, use, and keep — even if used, it’s still a good.
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11. Give an example of someone purchasing a service.
✔ Example: Hiring a tutor to help with math homework.
*Explanation:* Tutoring is knowledge and time provided by another person — you’re buying their expertise, not a physical product.
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12. Give an example of someone purchasing a good.
✔ Example: Buying a new pair of sneakers at a store.
*Explanation:* Sneakers are tangible items you can wear, keep, and own — classic example of a good.
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✔ Final Answer Summary:
1. Service
2. Good
3. Good
4. Service
5. Service
6. Good
7. Service
8. Good
9. Service
10. Good
11. Hiring a tutor to help with math homework.
12. Buying a new pair of sneakers at a store.
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Let me know if you’d like this formatted as a printable worksheet or need visuals!
Parent Tip: Review the logic above to help your child master the concept of economics worksheets.
