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Making Decisions About Economics

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.

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Resource Details

Grade
4th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Usage Permissions
Fine Print
Included Materials
  • Worksheet

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