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Needs and Wants Teacher Resources
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Fourth graders create graphs to illustrate consumer consumption throughout the world. In this consumer lesson plan, 4th graders also discuss wants and needs around the world, and consider Gandhi's opinion on material possessions as they write journal entries about their own wants and needs.
First graders begin by studying the differences between a "good" and a "service". They compare items to each other to help comprehend the differences. They also look into the differences between buyers and sellers and how the choices they make effect them in various ways. Lastly, the students look into the differences between "needs" and "wants" through the explanation that nobody can have everything they want all the time.
Students sort pictures to determine the difference between needs and wants. In this needs and wants lesson, students read the story The Red Racer and discuss the character's needs and wants. Students then list their own needs and wants. Students study pictures and sort them by the needs or wants category. Students then interview someone in their family about needs and wants.
Students investigate the importance of financial planning. In this middle school Mathematics/Life Skills lesson, students explore the difference between need and wants and the importance of goal setting. Students also examine the six stage of the decision-making process.
Students continue to examine the concept of communities. In groups, they identify and create a list of their needs and wants and create artwork showing their community working properly. They describe the differences in communities based on their location and organize their data.
A creative and inventive lesson on cinquain poetry and painting. Elementary schoolers make a list of things they want and things they need. Then, they write a cinquain-style poem about the most important item from the things they need list. A drawing is made that illustrates the poem, then they reproduce that drawing with oil pastels. Some beautiful products should be the result .
Fourth graders discuss as a class the difference between wants and needs are able to explain the impact of scarcity of limited resources on decision making. They then are divided into small groups and create a personal budget given a budget of $5.00 per week given various scenarios.
Students explore the concept of philanthropy. In this service learning lesson, students read Alexander, Who Used to Be Rich Last Sunday and discuss the distinction between needs and wants. Students write essays that address local community needs and how local communities should allocate their monetary resources.