Content Standard: Economics
A. Personal and Consumer Economics
Students will understand that economic decisions are based on the availability of resources and the costs and benefits of choices.
Common Assessment(s): Maine LAD task, gr. PK-2, Goods and Services

Performance Indicators Students will be able to:	Essential Elements (Specific grade level learning objectives)			Suggested Performance Activities	Suggested Classroom Assessments	Vocabulary
1. Identify goods and services, giving examples.	Goods and services provided in Bath.			The students will watch filmstrips and visit websites which discuss the differences between goods and services. They will go on a field trip to a grocery store, City Hall, fire department, hospital, etc., and identify the differences between goods and services. They will brainstorm all the different kinds of businesses and community services in Bath and decide whether they offer goods or services.	The students will make a T-chart on which they classify at least 3 goods and 3 services which are provided in the Bath area.	goods services needs wants health recreation government stores transportation law enforcement fire protection taxes schools library museums