それは良い考えです。

that (indicating an item or person near the listener, the action of the listener, or something on their mind); it; that time; then; there (indicating a place near the listener); you

topic marker particle; indicates contrast with another option (stated or unstated); adds emphasis

good; excellent; fine; nice; pleasant; agreeable; sufficient (can be used to turn down an offer); ready; prepared; profitable (e.g. deal, business offer, etc.); beneficial; OK

thinking; thought; view; opinion; concept; idea; notion; imagination; intention; plan; design; consideration; judgement; deliberation; reflection; wish; hope; expectation

be; is