Interdependence of Goods and Services
Indiana Standards. What is interdependence? People in many communities depend on people in other communities for goods and services. Goods are products that are made or grown and then sold. Services are jobs that people do to serve one another. No one community has everything it needs to meet its basic needs. We need to transport goods and communicate our needs worldwide.
Study GuideInterdependence of Goods and Services WorksheetInterdependence of Goods and Services WorksheetInterdependence of Goods and Services WorksheetInterdependence of Goods and Services
The resources above correspond to the standards listed below:
3.4. Students will explain how people in the local community make choices about using goods, services and productive resources; how they engage in trade to satisfy their economic wants; how they use a variety of sources to gather and apply information about economic changes in the community; and how they compare costs and benefits in economic decision making.
3.4.2. Give examples of goods and services provided by local business and industry.
3.4.4. Define interdependence and give examples of how people in the local community depend on each other for goods and services.
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