Wants
Learning Object — Asset
Rate Wants
Asset: Wants
Pink circle of wants
Student Application
Learn why we work and why we spend.
Learning Objectives
- Students will know how people earn money. People earn money by working at jobs.
- Students will understand the difference between producers and consumers.
- Producers are those people who make or grow goods to sell, or those people who sell services. Goods include computers, automobiles, food...
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- Producers are those people who make or grow goods to sell, or those people who sell services. Goods include computers, automobiles, food...
Supporting Activities
- To spend or not to spend: Prepare three pictures of items the students may wish to purchase: one should cost $150 (a 13" television); one should cost $2500 (a trip to Hawaii); and one should represent an unplanned expense (a $90 automobile tire). The unplanned expense should remain hidden from the class. Tell the students that they each have...
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Related Content
Wants
Learning Object — Asset
Rate Wants
Asset: Wants
Boy licking ice cream cone/
Student Application
Some things people want. Some things people must have are called needs. Needs must be met before wants.
Learning Objectives
- Students will understand the difference between wants and needs. A want is anything that a person does not need, but would like to have. A need is anything that a person must have to live a comfortable, healthy, and safe life.
- Students will know about the many needs that humans require.
