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Lesson Plan
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Curated OER

Wants and Needs

For Teachers 1st
Here is an outstanding lesson on wants versus needs designed for 1st graders. Pupils listen to the book, Something Good which presents themes on wants, needs, choice, resources, and counting money. Pupils complete worksheets embedded in...
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Lesson Plan
Curated OER

WANTS VS. NEEDS

For Teachers K
Students gain an appreciation for wants and needs by analyzing poems, researching spending choices on the internet, interviewing family members, and create power point slides.
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PPT
Curated OER

Values, Wants, and Needs

For Teachers 5th - 6th
Build a basic understanding of four fundamental economic principles. Defined here are the concepts of value, scarcity, want, and need. All of these terms are very important to understand when discussing economic choices or cost/benefit...
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Lesson Plan
Curated OER

Do I Want or Need?

For Teachers 1st - 2nd
Young scholars 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". Young scholars listen to the book Alexander used to be Rich on...
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Lesson Plan
1
1
Baylor College

Need or Want?

For Teachers K - 3rd Standards
Even as adults it can be hard to distinguish needs from wants. Using pictures of common, everyday items, children make a pocket chart separating the objects they need from those that they want. Discuss their choices, explaining that...
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Lesson Plan
Curated OER

Consumer Confusion: Wants versus Needs and Gandhi's Wisdom

For Teachers 4th
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...
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Lesson Plan
1
1
National First Ladies' Library

Eleanor Roosevelt: Economics, Discovery and Daily Life

For Teachers 6th - 8th
Examine the causes and effects of the Great Depression and the role of Eleanor Roosevelt during the era. Pupils take an inventory of their home for wants and needs, and conduct online research on The Great Depression. They then convert...
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Lesson Plan
Curated OER

The Wants and Needs of Making a Difference

For Teachers K - 2nd
Students analyze a reading selection. In this wants and needs lesson, students read a story to facilitate a discussion about wants and needs. Students discuss how communities help each other in difficult times.
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Lesson Plan
Curated OER

"Do You Need It or Just Want It?"

For Teachers K
Students distinguish between "wants" and "needs." Students make a short list of each. They review The Berenstain Bears Count Their Blessings book and discuss what blessings are. Students then rewrite their list of wants and needs.
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Lesson Plan
Curated OER

Do You Really Need It?

For Teachers 4th
Fourth graders read and share chapters of The Boxcar Children. In this wants and needs lesson, 4th graders understand through their reading the differences between wants and needs. Students complete a worksheet about wants and needs...
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PPT
Curated OER

Do You Really Need It?

For Teachers 5th - 7th
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...
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Lesson Plan
Curated OER

Lesson Plan on Wants and Needs

For Teachers 1st
First graders examine and discuss the difference between what they need to live and what they want. They examine pictures from magazines and newspaper ads, distinguishing between whether they are wants or needs.
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Lesson Plan
Federal Reserve Bank

Wants on a Continuum

For Teachers 2nd - 6th
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.
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Activity
Sharp School

Real Life Economics 101

For Teachers 11th - 12th Standards
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
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Worksheet
Curated OER

Cartoons for the Classroom: The Economic Paradox

For Students 9th - 12th
It's a classic conundrum of economics: voters want jobs, but don't want to spend the money required for businesses to hire. This political cartoon analysis worksheet has students analyzing this enigma and responding to 3 talking points...
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Lesson Plan
Curated OER

Wants and Needs, Our community

For Teachers 1st - 2nd
Students, after hearing the story, "The Rag Coat" discuss how family, school, and neighborhood provide basic needs and learning experiences. They decipher the difference between wants and needs and create a collage showing wants and needs.
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Lesson Plan
Curated OER

All I Really Need!

For Teachers K
Students differentiate between wants and needs. In this basic needs lesson, students prepare to pack for a trip to grandma's house and determine what they need for the trip and what they want for the trip.
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Worksheet
Curated OER

Economics Study Guide

For Students 11th - 12th
Use this resource as a basic review of economic principles. There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more.
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Lesson Plan
Curated OER

Introduction To Economics

For Teachers 9th - 12th
High schoolers examine the fundamental nature of economics - unlimited wants and scarce resources and the need to make choices, the three questions related to the economic problem and its implications for an economy. This lesson come...
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Lesson Plan
Visa

Savvy Spending: Sharpening Money Decisions

For Teachers 9th - 12th Standards
Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource will...
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Lesson Plan
Carolina K-12

Comparing Economic Systems

For Teachers 10th Standards
How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
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PPT
Curated OER

The Roaring Twenties

For Teachers 9th - 12th
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,...
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Lesson Plan
Curated OER

Cloudy with a Chance of Meatballs

For Teachers 2nd - 8th
Students explore the 5 themes of geography. In this cross curriculum literacy and geography lesson, students listen to Cloudy with a Chance of Meatballs by Judi Barrett, and make a list of the needs of the people in Chewandswallow....
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Worksheet
Curated OER

Explorations in Economic Demand, Part I

For Students 9th - Higher Ed
Your economists will relate to the choices at hand in this personal budgeting scenario. A passage describes Bob's predicament: he's going away to college and must buy his own clothes, including the pricey Levis he wants to buy 8 of....