Lesson 1

Today we defined economics and discussed the choices we make every day.   So many choices!  We discussed how our choices are influenced by outside factors.

 

We also talked about the difference between Wants and Needs.  We realized that some Needs can become Wants depending on the choices we make.   

Homework:

Students should complete (2) pages in their folders:

1.  Students should make a list of things that influence their choices. (Example: Price)

2.Students should identify different wants & needs by listing or drawing items that belong in each column/category.

 

Have a great week!   Ms. Kelli (Sandefur)