31049777658-1-192

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Hello, everybody.

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Welcome back to American Textbook Reading.

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I'm Brian Stewart.

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We're on Lesson 11 today,

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and we're talking about goods and services.

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Very important lesson.

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You will discover in this lesson that people meet

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their wants and needs.

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So what are things that you want?

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What are things that you need?

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As we will discover in this lesson,

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there are basically two types.

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and services.

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And we can see pictures of both.

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Here we have a bicycle.

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Is that a good or a service?

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That's a good.

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And then here we have somebody who delivers our mail,

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gives us our mail.

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Is that a good or a service?

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That's a service.

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Let's find out more.

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In fact,

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we're going to talk about goods at the beginning.

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Goods,

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by the way, you can use goods as singular or plural.

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You can say a good.

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Or you can say many goods.

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So you can say good or goods.

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Now, these are all goods,

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right? Goods are really objects.

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Goods are things that people buy or

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use.

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So remember,

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goods are objects.

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They're physical things that you can hold.

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You can put them in your bag,

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right?

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You can carry them in your pocket if they're small enough,

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right?

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But don't carry scissors in your pocket,

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of course.

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But you can put other things in your pocket.

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So paper,

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paintbrushes,

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paint, scissors.

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Pencils.

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These are all goods.

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They are all objects.

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They are all things that we buy or use that

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we want or need.

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So those would be goods.

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Physical objects.

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That's different from a service.

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And again,

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service can be singular or plural.

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We can also say services.

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right there are many services so when we talk about the economy

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or we talk about the the idea of things that we need

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or want we can break them down into goods or services a

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service is work it's not a thing you

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cannot hold a service you can't put a service in

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your backpack you can't put a service in your pocket

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Service is work that other people,

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that people do for others.

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So it's work that other people do for you.

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And of course,

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you give them something in return,

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maybe money,

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or you do something for them,

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but those would be services.

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What service is going on here?

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It's hair cutting,

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like a person who cuts your hair.

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They're not giving...

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you a good it's not a good it's a service it's work so

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basically two main things we're talking about in this unit goods which

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are objects and services which is work okay

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so those are the two main things two very important concepts in

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this unit

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Okay, when we talk about goods and services,

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like I said,

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you know, if somebody works for you,

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you give them something.

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What do you give them?

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You give them whatever the price for their service is or

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the price for the good.

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If you go into a store,

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there's a lot of goods.

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You have to look at the prices to understand how much

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it costs.

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Price,

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the amount of money that you have to give.

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to buy something so if you want to know the price you can ask

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how much how much does

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it cost

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how much does it cost and that is the amount

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of money the amount of money is the cost how much

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does it cost

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How much does it cost?

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That is the price.

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What is the price is another way,

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S… Speaker 1 (31049777658-1-192)

but it's more common to say,

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how much does it cost?

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S… Speaker 1 (31049777658-1-192)

And you're talking about the price.

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So you can see the price on the goods in the store.

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And that is the amount of money that you have to give the store to

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buy something.

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If you want these apples,

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you have to give them the amount of money that's on the price here.

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By the way,

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you see in the store there are many...

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Price tags.

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That's another important expression to remember.

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A price tag.

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That is a tag,

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especially on clothes.

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S… Speaker 1 (31049777658-1-192)

When you buy clothes,

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there's a price tag.

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S… Speaker 1 (31049777658-1-192)

It says,

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S… Speaker 1 (31049777658-1-192)

how much is the shirt?

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S… Speaker 1 (31049777658-1-192)

How much are those jeans?

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That,

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S… Speaker 1 (31049777658-1-192)

you look at the price tag.

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S… Speaker 1 (31049777658-1-192)

It tells you the amount of money.

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Okay.

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Now, when we're talking about goods and services,

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of course,

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you want to exchange those.

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One person wants them.

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Another person...

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wants to give them away but you don't give them away you don't

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take them you sell them or you buy them in this case

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S… Speaker 1 (31049777658-1-192)

we're talking about sell sell means to give something for

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money be careful if you just say to give

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I will give it to you that's for free

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S… Speaker 1 (31049777658-1-192)

that's no money to give means

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S… Speaker 1 (31049777658-1-192)

for free

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S… Speaker 1 (31049777658-1-192)

For example,

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S… Speaker 1 (31049777658-1-192)

if I say,

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S… Speaker 1 (31049777658-1-192)

oh, do you want this key?

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S… Speaker 1 (31049777658-1-192)

I will give you this key.

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S… Speaker 1 (31049777658-1-192)

That means there's no money.

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But if I sell you the key,

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S… Speaker 1 (31049777658-1-192)

that means I want you to give me money for it,

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S… Speaker 1 (31049777658-1-192)

right? I'm not just going to give you the key.

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S… Speaker 1 (31049777658-1-192)

I want something in exchange for that key.

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S… Speaker 1 (31049777658-1-192)

In exchange.

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S… Speaker 1 (31049777658-1-192)

I want something in exchange.

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S… Speaker 1 (31049777658-1-192)

That means I'm like giving you something.

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S… Speaker 1 (31049777658-1-192)

You're giving me something.

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S… Speaker 1 (31049777658-1-192)

Usually,

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S… Speaker 1 (31049777658-1-192)

the seller will give the object.

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S… Speaker 1 (31049777658-1-192)

The buyer will give money,

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S… Speaker 1 (31049777658-1-192)

right?

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S… Speaker 1 (31049777658-1-192)

You give money.

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S… Speaker 1 (31049777658-1-192)

And that, of course,

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S… Speaker 1 (31049777658-1-192)

is what we're talking about here.

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S… Speaker 1 (31049777658-1-192)

Sell is like in Korean.

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S… Speaker 1 (31049777658-1-192)

You say,

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right?

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Is my Korean okay?

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S… Speaker 1 (31049777658-1-192)

Is that okay?

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S… Speaker 1 (31049777658-1-192)

That's to sell.

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S… Speaker 1 (31049777658-1-192)

You give something,

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S… Speaker 1 (31049777658-1-192)

the other person gives you money.

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S… Speaker 1 (31049777658-1-192)

That's sell.

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S… Speaker 1 (31049777658-1-192)

What's the opposite of sell?

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S… Speaker 1 (31049777658-1-192)

How do you say that?

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S… Speaker 1 (31049777658-1-192)

That, of course,

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S… Speaker 1 (31049777658-1-192)

is to buy.

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S… Speaker 1 (31049777658-1-192)

You buy something.

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S… Speaker 1 (31049777658-1-192)

In that case, you want something,

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S… Speaker 1 (31049777658-1-192)

so now you give the money,

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and the other person gives you the object.

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So that means to get something by giving money

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for it.

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So,

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of course, buy is...

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Sada.

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Sada.

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To buy.

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S… Speaker 1 (31049777658-1-192)

So you're going to buy something.

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S… Speaker 1 (31049777658-1-192)

Now it's interesting,

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of course, we just talked about sell.

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We talked about buy.

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We can talk about the people involved in both.

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We have a seller and we have a

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buyer.

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So if you are giving an object and you're taking money

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in return,

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you are the seller.

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S… Speaker 1 (31049777658-1-192)

But in this case,

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if you are giving money and getting an object in return,

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you are the buyer.

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Usually we are the buyers,

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right?

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There are many more buyers than there are sellers,

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right?

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A grocery store is one seller,

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but many buyers go to that store.

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Okay,

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so we can say seller and buyer along with sell and to buy.

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Are those the only two ways that we can get goods and

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services, either by selling or by buying?

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Those are the only two things.

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There's one more thing we can do,

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and that is to trade.

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S… Speaker 1 (31049777658-1-192)

This is an interesting idea.

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S… Speaker 1 (31049777658-1-192)

Before we talked about sell and buy,

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we're talking about money,

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right?

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But in trade,

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there's no money.

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To trade means to give someone one thing and

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get another thing from them.

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In this case,

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they're exchanging or they're trading balls.

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He wants the blue ball,

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he wants the red ball,

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so they switch.

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imagine you're eating lunch with your friend at school you

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have a ham sandwich your friend has a cheese sandwich

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you say hmm I will trade you some of my

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ham for some of your cheese so you give

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that your friend half

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half of your ham,

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not all of your ham,

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S… Speaker 1 (31049777658-1-192)

but half of your ham,

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and your friend gives you half of his cheese.

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Now you have,

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you both have,

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a ham and cheese sandwich,

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right?

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Because you traded.

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objects when you trade objects no money involved

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then you are trading you are exchanging objects so

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there's sell buy and trade those are the three things

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we do with goods and services okay

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Now, to pay is very similar when we're talking about

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to buy or sell.

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When you say you're going to pay,

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that means you give money for something.

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So who gives money?

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Who pays?

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Of course,

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a buyer pays money to the seller.

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So the buyer will give money.

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They are paying for the good or service.

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To pay for something.

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To pay...

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for something.

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So this is very commonly used in this way.

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I will pay for it.

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I will pay for lunch.

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Especially if you want to treat your friend to lunch,

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right? I will pay for lunch.

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S… Speaker 1 (31049777658-1-192)

I will pay for this shirt.

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So you pay for something means you give money in

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exchange for something else.

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Okay?

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Now,

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to grow,

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We're talking a little bit different here.

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Grow,

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it means just to raise plants or animals.

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Do you have a

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Pet at home,

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maybe you have a pet dog,

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maybe a cat,

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perhaps a hamster.

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If you have one,

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you are growing that pet,

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or that pet is growing.

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Of course,

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you're raising the animal.

10:12

S… Speaker 2 (31049777658-1-192)

Of course, you usually say raise animals,

10:14

S… Speaker 2 (31049777658-1-192)

and you say grow plants.

10:17

S… Speaker 2 (31049777658-1-192)

This boy here is growing some plants at his house.

10:20

S… Speaker 2 (31049777658-1-192)

Farmers grow plants for food,

10:24

S… Speaker 1 (31049777658-1-192)

and of course,

10:25

S… Speaker 2 (31049777658-1-192)

then they sell those plants,

10:26

S… Speaker 2 (31049777658-1-192)

of course,

10:28

S… Speaker 2 (31049777658-1-192)

at the market.

10:30

S… Speaker 2 (31049777658-1-192)

Now, compare is very important when we're talking about buying

10:34

S… Speaker 2 (31049777658-1-192)

and selling because when you go to the store,

10:37

S… Speaker 2 (31049777658-1-192)

you have many different kinds of apples or many different kinds

10:41

S… Speaker 2 (31049777658-1-192)

of whatever product.

10:42

S… Speaker 2 (31049777658-1-192)

You want to compare those different types

10:47

S… Speaker 2 (31049777658-1-192)

of things.

10:47

S… Speaker 2 (31049777658-1-192)

Compare means to see how things are different.

10:53

S… Speaker 2 (31049777658-1-192)

or similar.

10:54

S… Speaker 2 (31049777658-1-192)

When we talk about compare,

10:56

S… Speaker 2 (31049777658-1-192)

you're looking at the differences and the similarities,

11:00

S… Speaker 1 (31049777658-1-192)

right?

11:01

S… Speaker 2 (31049777658-1-192)

That is part of comparing something,

11:04

S… Speaker 1 (31049777658-1-192)

right?

11:05

S… Speaker 2 (31049777658-1-192)

You're seeing how they are different or how they are similar.

11:08

S… Speaker 2 (31049777658-1-192)

In this case,

11:08

S… Speaker 2 (31049777658-1-192)

this woman is looking at an orange or an apple,

11:11

S… Speaker 2 (31049777658-1-192)

and she's got to compare.

11:12

S… Speaker 2 (31049777658-1-192)

She's got to think, well,

11:13

S… Speaker 2 (31049777658-1-192)

which one do I want?

11:14

S… Speaker 2 (31049777658-1-192)

Which one maybe is healthier for me?

11:17

S… Speaker 2 (31049777658-1-192)

Which one tastes better?

11:19

S… Speaker 2 (31049777658-1-192)

Which one do my children like more?

11:22

S… Speaker 2 (31049777658-1-192)

If you go to the store,

11:24

S… Speaker 2 (31049777658-1-192)

you see many different kinds of apples.

11:26

S… Speaker 2 (31049777658-1-192)

You can compare the size.

11:29

S… Speaker 2 (31049777658-1-192)

uh the color you can also compare very important

11:33

S… Speaker 2 (31049777658-1-192)

you compare the price right so you compare prices

11:38

S… Speaker 2 (31049777658-1-192)

and you see oh these apples are less expensive than

11:42

S… Speaker 2 (31049777658-1-192)

those apples you're comparing and maybe you want to buy the apples

11:47

S… Speaker 2 (31049777658-1-192)

that don't cost so much okay that you don't need as

11:51

S… Speaker 2 (31049777658-1-192)

much money for so that's very important many people do that

11:54

S… Speaker 2 (31049777658-1-192)

when you go to the store.

11:56

S… Speaker 2 (31049777658-1-192)

And you should always do that.

11:57

S… Speaker 2 (31049777658-1-192)

Compare prices,

11:59

S… Speaker 1 (31049777658-1-192)

right?

12:00

S… Speaker 2 (31049777658-1-192)

Compare prices to find out which one

12:04

S… Speaker 2 (31049777658-1-192)

you can buy.

12:05

S… Speaker 2 (31049777658-1-192)

And you can buy easily.

12:07

S… Speaker 2 (31049777658-1-192)

Compare prices is very common.

12:09

S… Speaker 1 (31049777658-1-192)

Okay,

12:10

S… Speaker 2 (31049777658-1-192)

we have our chart here.

12:12

S… Speaker 2 (31049777658-1-192)

And you can see our two main ideas are in this chart.

12:15

S… Speaker 2 (31049777658-1-192)

We have goods,

12:16

S… Speaker 2 (31049777658-1-192)

objects,

12:17

S… Speaker 1 (31049777658-1-192)

things.

12:17

S… Speaker 2 (31049777658-1-192)

And we have services,

12:19

S… Speaker 2 (31049777658-1-192)

work that people do for other people.

12:23

S… Speaker 1 (31049777658-1-192)

Let's take a look here.

12:24

S… Speaker 2 (31049777658-1-192)

What are the types of goods that we have?

12:26

S… Speaker 2 (31049777658-1-192)

Of course, this sentence unifies,

12:29

S… Speaker 1 (31049777658-1-192)

ties both of them together.

12:30

S… Speaker 2 (31049777658-1-192)

People meet their wants and needs with goods and services.

12:34

S… Speaker 2 (31049777658-1-192)

So what kinds of goods are there?

12:37

S… Speaker 1 (31049777658-1-192)

First of all,

12:38

S… Speaker 1 (31049777658-1-192)

there's a home.

12:38

S… Speaker 2 (31049777658-1-192)

That's a very,

12:39

S… Speaker 2 (31049777658-1-192)

very expensive type of good,

12:41

S… Speaker 1 (31049777658-1-192)

right?

12:41

S… Speaker 1 (31049777658-1-192)

But it is a good.

12:43

S… Speaker 2 (31049777658-1-192)

Property is a good.

12:45

S… Speaker 1 (31049777658-1-192)

Home,

12:45

S… Speaker 2 (31049777658-1-192)

land, that's a good.

12:48

S… Speaker 1 (31049777658-1-192)

It's property.

12:50

S… Speaker 1 (31049777658-1-192)

Home is a good.

12:51

S… Speaker 1 (31049777658-1-192)

A car is a good.

12:53

S… Speaker 1 (31049777658-1-192)

A book.

12:54

S… Speaker 2 (31049777658-1-192)

If you want to read a book,

12:56

S… Speaker 2 (31049777658-1-192)

you go to the bookstore and you buy a book.

12:58

S… Speaker 2 (31049777658-1-192)

It's a physical object,

13:00

S… Speaker 2 (31049777658-1-192)

something you can hold,

13:01

S… Speaker 2 (31049777658-1-192)

you can touch it.

13:01

S… Speaker 1 (31049777658-1-192)

It's a good.

13:02

S… Speaker 1 (31049777658-1-192)

It's a book.

13:04

S… Speaker 1 (31049777658-1-192)

Food.

13:04

S… Speaker 2 (31049777658-1-192)

You can touch it.

13:05

S… Speaker 1 (31049777658-1-192)

You can hold it.

13:06

S… Speaker 1 (31049777658-1-192)

You can eat it.

13:07

S… Speaker 1 (31049777658-1-192)

It's food.

13:08

S… Speaker 1 (31049777658-1-192)

It's a good.

13:09

S… Speaker 2 (31049777658-1-192)

It's a physical object.

13:11

S… Speaker 1 (31049777658-1-192)

These are all goods.

13:13

S… Speaker 2 (31049777658-1-192)

Down here,

13:14

S… Speaker 1 (31049777658-1-192)

these are services.

13:15

S… Speaker 2 (31049777658-1-192)

You can't touch or hold or eat services,

13:18

S… Speaker 1 (31049777658-1-192)

right?

13:19

S… Speaker 2 (31049777658-1-192)

Services are work that people do for you.

13:22

S… Speaker 2 (31049777658-1-192)

What types of services are there?

13:24

S… Speaker 2 (31049777658-1-192)

We can see that the one type of service is a mail carrier.

13:28

S… Speaker 2 (31049777658-1-192)

So,

13:29

S… Speaker 2 (31049777658-1-192)

of course, it's a service that other people do for you.

13:33

S… Speaker 2 (31049777658-1-192)

You don't want to go to your friend's house in another country and

13:37

S… Speaker 2 (31049777658-1-192)

get the mail from them yourself.

13:39

S… Speaker 2 (31049777658-1-192)

No,

13:40

S… Speaker 2 (31049777658-1-192)

other people will deliver it to your house for you.

13:43

S… Speaker 1 (31049777658-1-192)

Let's take a look at a video here.

13:44

S… Speaker 1 (31049777658-1-192)

This,

13:46

S… Speaker 2 (31049777658-1-192)

of course, is a mail carrier.

13:47

S… Speaker 2 (31049777658-1-192)

Now that's kind of a strange mailbox.

13:49

S… Speaker 2 (31049777658-1-192)

It's a very big mailbox.

13:51

S… Speaker 2 (31049777658-1-192)

Usually mailboxes are smaller,

13:53

S… Speaker 2 (31049777658-1-192)

but this person is taking the mail from the house,

13:56

S… Speaker 2 (31049777658-1-192)

putting it in the bag.

13:59

S… Speaker 2 (31049777658-1-192)

taking the mail away,

14:00

S… Speaker 2 (31049777658-1-192)

and this person will deliver it to somebody else.

14:03

S… Speaker 2 (31049777658-1-192)

So maybe this is a business because this is such a big mailbox,

14:07

S… Speaker 2 (31049777658-1-192)

but usually mailboxes are smaller,

14:09

S… Speaker 2 (31049777658-1-192)

and you put your letters or whatever you want to send in your

14:13

S… Speaker 2 (31049777658-1-192)

mailbox, the mail carrier will come and take it,

14:16

S… Speaker 2 (31049777658-1-192)

and they will leave mail from other people for you.

14:19

S… Speaker 2 (31049777658-1-192)

And of course that's a service.

14:20

S… Speaker 2 (31049777658-1-192)

So that's mail carrier.

14:23

S… Speaker 2 (31049777658-1-192)

another very common service maybe you use every day

14:27

S… Speaker 2 (31049777658-1-192)

right if you take a bus to school somebody has to

14:31

S… Speaker 2 (31049777658-1-192)

drive the bus that's a service that is work that they are doing

14:35

S… Speaker 2 (31049777658-1-192)

for you you don't drive the bus you're too young right somebody

14:39

S… Speaker 2 (31049777658-1-192)

else drives the bus for you so a bus driver provides a

14:43

S… Speaker 1 (31049777658-1-192)

service

14:45

S… Speaker 1 (31049777658-1-192)

A doctor,

14:46

S… Speaker 2 (31049777658-1-192)

very important service,

14:48

S… Speaker 2 (31049777658-1-192)

right? If you are sick or injured,

14:50

S… Speaker 2 (31049777658-1-192)

you go see the doctor and the doctor will help you feel better.

14:54

S… Speaker 2 (31049777658-1-192)

That's a very important service.

14:56

S… Speaker 2 (31049777658-1-192)

Finally,

14:58

S… Speaker 2 (31049777658-1-192)

we have hair stylist.

15:00

S… Speaker 1 (31049777658-1-192)

Hair stylist is somebody who cuts your hair or styles

15:04

S… Speaker 1 (31049777658-1-192)

your hair.

15:04

S… Speaker 1 (31049777658-1-192)

We can see a video here.

15:06

S… Speaker 1 (31049777658-1-192)

Here's a man.

15:07

S… Speaker 1 (31049777658-1-192)

He is a hair stylist,

15:09

S… Speaker 1 (31049777658-1-192)

and he is styling the lady's hair.

15:12

S… Speaker 1 (31049777658-1-192)

Actually,

15:12

S… Speaker 1 (31049777658-1-192)

it looks kind of dangerous what he's doing.

15:14

S… Speaker 1 (31049777658-1-192)

He's taking the scissors,

15:15

S… Speaker 1 (31049777658-1-192)

and I'm not sure what he's doing,

15:18

S… Speaker 1 (31049777658-1-192)

and then he combs out the hair,

15:20

S… Speaker 1 (31049777658-1-192)

but basically he's styling her hair.

15:22

S… Speaker 1 (31049777658-1-192)

She will feel very happy when he is done because she'll

15:26

S… Speaker 1 (31049777658-1-192)

have a really cool

15:28

S… Speaker 1 (31049777658-1-192)

hairstyle right she will look good and of course this is a very common

15:32

S… Speaker 1 (31049777658-1-192)

service that all of us use in our lives probably

15:37

S… Speaker 1 (31049777658-1-192)

many times during our lives we get our hair cut and

15:41

S… Speaker 1 (31049777658-1-192)

that is a service it's very hard to cut our own hair right we don't want to do

15:45

S… Speaker 1 (31049777658-1-192)

that so it's work that somebody else does for you okay

15:49

S… Speaker 1 (31049777658-1-192)

Okay, let's go over the matching the words to the definitions.

15:54

S… Speaker 1 (31049777658-1-192)

Here we have our words.

15:55

S… Speaker 1 (31049777658-1-192)

They're pretty simple.

15:56

S… Speaker 1 (31049777658-1-192)

Let's just go over them very quickly.

15:58

S… Speaker 1 (31049777658-1-192)

Goods,

15:59

S… Speaker 1 (31049777658-1-192)

service,

16:00

S… Speaker 1 (31049777658-1-192)

price,

16:02

S… Speaker 1 (31049777658-1-192)

sell,

16:03

S… Speaker 1 (31049777658-1-192)

buy,

16:04

S… Speaker 1 (31049777658-1-192)

trade.

16:05

S… Speaker 1 (31049777658-1-192)

These are our words.

16:06

S… Speaker 1 (31049777658-1-192)

Remember,

16:08

S… Speaker 1 (31049777658-1-192)

these words are very...

16:09

S… Speaker 1 (31049777658-1-192)

closely related these are things that we do with

16:13

S… Speaker 1 (31049777658-1-192)

goods or services we sell them we buy them we trade

16:18

S… Speaker 1 (31049777658-1-192)

them and when we sell or buy we're very interested in what the

16:22

S… Speaker 1 (31049777658-1-192)

price is how much does it cost so this is a good grouping

16:26

S… Speaker 1 (31049777658-1-192)

of words here let's take a look and see if we can match them to the proper definition

16:30

S… Speaker 1 (31049777658-1-192)

number one

16:33

S… Speaker 1 (31049777658-1-192)

If you give something,

16:34

S… Speaker 1 (31049777658-1-192)

you have an object or you have your work,

16:38

S… Speaker 1 (31049777658-1-192)

right?

16:38

S… Speaker 1 (31049777658-1-192)

And you give that to somebody else and you take money in exchange,

16:42

S… Speaker 1 (31049777658-1-192)

right?

16:43

S… Speaker 1 (31049777658-1-192)

So you give something and you get money.

16:46

S… Speaker 1 (31049777658-1-192)

What are you doing?

16:47

S… Speaker 1 (31049777658-1-192)

Who are you?

16:48

S… Speaker 1 (31049777658-1-192)

You are selling.

16:50

S… Speaker 1 (31049777658-1-192)

You are a seller,

16:52

S… Speaker 1 (31049777658-1-192)

right?

16:53

S… Speaker 1 (31049777658-1-192)

So you are selling.

16:55

S… Speaker 1 (31049777658-1-192)

You are a seller.

16:56

S… Speaker 1 (31049777658-1-192)

You give something and in exchange you get money.

17:00

S… Speaker 1 (31049777658-1-192)

Number two,

17:01

S… Speaker 1 (31049777658-1-192)

to get something by giving money for it.

17:05

S… Speaker 1 (31049777658-1-192)

Now in this case,

17:06

S… Speaker 1 (31049777658-1-192)

this is the opposite of number one.

17:07

S… Speaker 1 (31049777658-1-192)

This means you want to get something and in

17:12

S… Speaker 1 (31049777658-1-192)

order to get it,

17:12

S… Speaker 1 (31049777658-1-192)

you will give money for it.

17:14

S… Speaker 1 (31049777658-1-192)

So what are you doing?

17:16

S… Speaker 1 (31049777658-1-192)

You are buying.

17:18

S… Speaker 1 (31049777658-1-192)

And who are you?

17:19

S… Speaker 1 (31049777658-1-192)

You are a buyer.

17:21

S… Speaker 1 (31049777658-1-192)

So here you're selling,

17:25

S… Speaker 1 (31049777658-1-192)

you're a seller.

17:25

S… Speaker 1 (31049777658-1-192)

Here you're buying,

17:26

S… Speaker 1 (31049777658-1-192)

you are a buyer.

17:29

S… Speaker 1 (31049777658-1-192)

Okay, three.

17:29

S… Speaker 1 (31049777658-1-192)

Things that people buy or use.

17:33

S… Speaker 1 (31049777658-1-192)

Things.

17:34

S… Speaker 1 (31049777658-1-192)

Things means objects.

17:37

S… Speaker 1 (31049777658-1-192)

You can hold them.

17:38

S… Speaker 1 (31049777658-1-192)

You can touch them.

17:39

S… Speaker 1 (31049777658-1-192)

You can put them in your backpack or your pocket.

17:42

S… Speaker 1 (31049777658-1-192)

They are things that people buy or use.

17:45

S… Speaker 1 (31049777658-1-192)

Which one is it?

17:46

S… Speaker 1 (31049777658-1-192)

Of course,

17:47

S… Speaker 1 (31049777658-1-192)

it's goods.

17:47

S… Speaker 1 (31049777658-1-192)

Goods are physical things.

17:50

S… Speaker 1 (31049777658-1-192)

Things you can touch.

17:51

S… Speaker 1 (31049777658-1-192)

You can hold.

17:52

S… Speaker 1 (31049777658-1-192)

You can eat them.

17:53

S… Speaker 1 (31049777658-1-192)

You can carry them with you.

17:55

S… Speaker 1 (31049777658-1-192)

Okay, so those are goods.

17:57

S… Speaker 1 (31049777658-1-192)

Let's move on to number four.

17:58

S… Speaker 1 (31049777658-1-192)

Number four,

18:01

S… Speaker 1 (31049777658-1-192)

we're talking about work that people do for

18:05

S… Speaker 1 (31049777658-1-192)

others.

18:05

S… Speaker 1 (31049777658-1-192)

Now this is work.

18:06

S… Speaker 1 (31049777658-1-192)

You can't touch or hold or put in your backpack work that other

18:10

S… Speaker 1 (31049777658-1-192)

people do for you.

18:11

S… Speaker 1 (31049777658-1-192)

In this case,

31049777658-1-192

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