Goods and Services Reading Packet
Informational passage on goods, services, price and how a market works, followed by a graphic organizer, vocabulary matching, a market drawing and multiple-choice questions.

- Grades
- Grade 3, Elementary
- File type
- Preparation
- Print ready
- Subject
- Social Studies, Economics
- Topic
- economics, goods and services
- Resource types
- Worksheets & Printables, Worksheets
- Preparation
- Print ready
About this resource
What's inside this resource
The Goods and Services Contributions Reading Packet is an engaging economics resource for 3rd grade students. This printable packet teaches key vocabulary and concepts related to goods, services, production, and consumption. Students will read an informative passage explaining how people and businesses contribute goods and services to meet the needs and wants of a community. Comprehension activities allow students to apply their knowledge through multiple choice questions, graphic organizers, and short answer responses. This self-contained resource can be used flexibly for whole class instruction, small group work, or independent practice. Answer keys are provided for the teacher. This social studies supplement reinforces economics standards while improving reading skills.
In the classroom
Teaching tips & learning objectives
Learning objectives
- Explain the difference between goods and services
- Show in a drawing how a market works
Skills covered
- Vocabulary — matching economics terms such as goods, services and price to their definitions
- Reading comprehension — answering multiple-choice questions about goods, services and price
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Resource details
Concepts & topics
Core concepts
- Goods
- Services
- Price
- Marketplace
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