Curated OER
Consumer Confusion: Wants versus Needs and Gandhi's Wisdom
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...
Curated OER
Do I Want or Need?
Students explore wants and needs. In this introductory economics lesson, students use a "pinch card" to display whether a familiar item is a "want" or a "need". Students listen to the book Alexander used to be Rich on Sunday by Judith...
Curated OER
I Can Buy Anything I Want: Consumer Debt and Social Responsibility
A clear, comprehensive overview of consumer debt, credit, interest, international currency, and social responsibility, this 45-minute session falters in the application stage. You'll need to create a way for learners to demonstrate their...
Curated OER
Do You Really Need It?
A large part of understanding personal finance and economics is grasping the concept of wants and needs. This presentation provides students with basic yet effective definitions of wants, needs, and how they effect advertisements and...
Curated OER
Can We Be Both Conservationists and Consumers?
Students explore their role as consumers and conservationists and what roles they play in today's economic climate. They explore resource allocation issues. Students analyze data and draw comparisons between historical and present-day...
Federal Reserve Bank
Wants on a Continuum
You can't always get what you want, but you might just be able to teach your class about wants and choices. This plan leads pupils through a discussion and closes with a worksheet and assessment.
Curated OER
Louisiana Riches
Introduce your class to the concept of economics, resources, and the interaction between consumers and producers. This slide show presents simple definitions of each concept to build vocabulary. Note: This presentation focuses on goods...
US Institute of Peace
Responding to Conflict: Negotiation Role-Play
After a lesson like this one, your class won't hesitate to negotiate! Pupils pair up and negotiate opposing sides of a conflict during the ninth installment in a 15-part series. Once they determine their wants and needs, individuals...
Curated OER
Consumer Society
In this consumer society worksheet, students think about where and why they buy goods and the difference between needs and wants. Students read a text and answer 30 varied questions.
Council for Economic Education
Satisfaction Please! (Part 3)
Understanding the US government's role proves very important in the American economy, especially for consumers. Scholars learn about how varying government agencies help them when facing an issue. The third and final resource in the...
Curated OER
Marketing to Teens: Introduction
An introductory lesson shows learners how pervasive and influential advertising is in our culture; particularly, how teenagers are actively targeted by advertisers. As teenagers, your students already have all the information they need...
Curated OER
Comparing Plans
Good consumer practices such as price comparison can make or break a budget. Youngsters research five different cell phone carriers and the plans they offer. They compile their data and determine which plan offers the best value. They...
Curated OER
Analyzing Advertising
Some ads really make products look great, and even better than they really are! Kids get into small groups to research and compare marketing used by various cell phone companies. They analyze advertisements, carrier options, and cell...
Curated OER
The Roaring Twenties
Let's take a look back at America during the 1920s and 1930s. Information regarding the economics in the 1920s that led to some of the issues during the 1930s are covered using text and images. Learners will consider economic booms,...
Practical Money Skills
Cars and Loans
Most teenagers want to buy a car, but do they know how much it really costs? Calculate the cost of purchasing a car, securing auto insurance, and maintaining the new investment with a thorough and engaging personal finance lesson.
Curated OER
A Smarter Consumer
Students explore advertisements. In this consumer literacy lesson plan, students discuss advertisements to help them make better buying decisions.
Curated OER
Deciphering Your Cell Phone Bill
You just got your first cell phone bill, but what does it all mean? Clear up the confusion for your young consumers as they break down and itemize a cell phone bill to better understand what they are paying for and why. This type of...
National First Ladies' Library
Learning to Be Consumers: The Emergence of Catalogs and Advertising
Learners study the historical context of marketing and how it came to be so important in the 19th century. They analyze advertising in the 19th century, 20th century, and today to understand how much or how little has changed.
Learning to Give
Five Thousand Dollars!
How does consumerism affect global poverty? Upper graders find out about cost benefit, wants and needs, and making good consumer choices as they explore this global topic. They role-play an impulse spending experience and work through...
Curated OER
Marriage and Financial Goals, Budgeting Strategies
There is no more useful life skill to learn than budgeting and setting financial goals. It's math that is used by every person, everyday. Learners examine the responsibilities and costs involved in family economics. Through a series of...
Curated OER
Needs and Wants
Students examine the difference between psychological needs and wants to control spending.
Curated OER
First Grade Economics Unit
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...
Curated OER
Agriculture Pays
Second graders role play one of the jobs related to agriculture and explain their role in getting one of the five "f's" of agriculture to the consumer. In this agriculture lesson plan, 2nd graders are assigned a role and a commodity. ...
Federal Reserve Bank
Monster Musical Chairs and Scarcity
Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.