Students did a great job brainstorming things that influence the choices they make. They now understand that businesses study this information and try to meet the wants and needs of their potential customers.
Next, we played a 'game' where students had to choose supplies to take with them on an 'outer space' mission; this reinforced their understanding of meeting needs before wants.
Finally we defined 'goods -vs- services'; discussing the difference between each and that some are 'private' while others are 'public'. We will continue this discussion in class next week.
Students should complete the worksheet in their notebooks labeled 'Goods and Services.' Have a great week!
Ms. Kelli (Sandefur)