Curated OER
WANTS VS. NEEDS
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.
National First Ladies' Library
Eleanor Roosevelt: Economics, Discovery and Daily Life
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...
Sharp School
Real Life Economics 101
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...
Curated OER
Introduction To Economics
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 plan...
Curated OER
Economics
Fourth graders study the effects of economics in their daily life. In this economics lesson, 4th graders construct a list of wants and needs if they had an unlimited supply of money. Students discuss how economics help people make...
Curated OER
Want To... / Need To... / Have To.....
Students demonstrate how to express needs, wants, and obligations. They observe a teacher-led demonstration, complete a worksheet, and listen to a recorded dialogue.
Curated OER
What Do You Want to Sell?
Students explore how companies describe their products and services. They write business plans for companies based on their interests or needs.
Curated OER
Having a Savings Plan
Learners discover the importance of saving and spending. In this finance lesson, students read the book Kermit the Hermit and discuss the differences between needs and wants. The learners complete worksheets concerning money in their...
Curated OER
Making Money
Students explore the value of money and how to manage it, as well as ways to make money. They define wants and needs and set goals to help achieve a want.
Curated OER
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study....
Curated OER
Investigations in Aid: Identifying the Need
Young scholars investigate the needs in emerging nations. In this emerging nations lesson, students research the conditions for needs in the given countries. Young scholars are assigned to the country groups of Honduras, Nigeria, Bosnia,...
Curated OER
Prioritizing National Economic Goals
Eighth graders define the generally accepted list of national economic goals. They discuss the compatability/incompatibility of goals. They participate in a consensus-building exercise to rank economic goals in order of importance.
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
Heading South
Students study the concept of animal migration with the change of seasons. They discover that migration can be hazardous, and the distance migrated can be short or long.
Curated OER
It's All in the Making: Our Local Organizations
Students study African American nonprofit organizations. In this nonprofit organizations activity, students discuss African American organizations. Students research the NAACP and NUL website. Students design posters for both groups....
Curated OER
Regional Economics in the United States
Learners describe and provide examples of the primary factors
behind the regional pattern of economic activity in the United States. They create maps showing regional economics patterns
in the US and examine those patterns in comparison...
Curated OER
Saturday Sancocho
Second graders identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Students will read, comprehend, interpret, analyze, and evaluate literary text as well as explain how...
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
People and the Physical Environment of Illinois
Students read about the settlement of Illinois from statehood to the present. They categorize different areas of need such as survival, economic and social. Students make a list of ways people used the physical environment in Illinois...
Curated OER
It's About Supply and Demand
Watch an Instructional Television (ITV) video and participate in a simulation to explore supply and demand and how those two forces affect price.
Curated OER
Goods and Services?
Young scholars distinguish between goods and services, and identify that goods and services are used to satisfy needs and wants. They view illustrations from books to find and chart examples of good and services and make connections that...
Curated OER
Exploring Community Needs
Students identify the needs of their community. In this communities lesson, students brainstorm the needs of their community and prepare a letter to a local official to address the community need.
Curated OER
A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
Curated OER
Fur Trade Economics
Students demonstrate understanding of what the fur trade was and how it was operated, including the bartering process, by participating in a mock trade activity and assessing the value of items based on their needs and wants.