Alberta Grade 7 Social Studies Practice Test

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Which option best describes a good?

A tangible item

In economics, a good is a tangible item—something you can touch and own that satisfies a want or need. That’s why choosing a tangible item fits best: goods are physical objects like groceries, clothing, or a car. A service, by contrast, is the work or action someone performs for you, which isn’t a physical object. A feeling is an emotion, not something you can own or trade as a product. An activity performed for someone describes a service rather than a good.

An activity performed for someone

A feeling

A service

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