Lesson 1

Today we defined economics and discussed the choices we make every day.   So many choices!

 

We also talked about the difference between Wants and Needs.  We realized that some Needs can become Wants depending on the choices we make.  Students were given the assignment to make a list of wants and needs by drawing pictures or cutting pictures from a magazine/newspaper and defining each as a want or need. 

Homework:

As noted above, wants & needs worksheet (in notebooks)

Have a great week!   Ms. Kelli (Sandefur)