Choices: Economics: Needs vs Wants
Skill focus: Economics: Needs vs Wants
Photo: Edmond Dantès / Pexels
We're learning about economics: needs vs wants. Start by asking your child what they already know. Read the page together. Connect the topic to your family or your town — that's how it becomes memorable.
- pencil
- paper
Name one place you've been to in your life. Now name one place you'd like to go.
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Read this: A need is something we must have to live: food, shelter, clothing, water. A want is something nice to have: toys, candy, fancy clothes. People make choices because money is limited. Q: Define 'need'.
Parent tip: Connect the topic to your family or town.
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Define 'want'.
Parent tip: Encourage opinions backed by reasons.
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Is water a need or want?
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Is a video game a need or want?
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Why do people make choices?
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Write one full-sentence summary of today's topic.
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Why does this topic matter today?
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What is one thing you still want to know about this topic?
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Name someone you could ask to learn more.
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Connect this idea to your own life.
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Write one full-sentence summary of today's topic.
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Why does this topic matter today?
Interview a family member: what do they think about this topic?
How does today's topic connect to your own life or community?