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Third Grade Economics

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  1. 1. Do You Really Need It? Grade 3 Social Studies Online
  2. 2. Blueprint Skill Economics <ul><li>Classify needs and wants using pictures of common items (i.e., food, cleaning products, clothes, candy, makeup). </li></ul>
  3. 3. NEED$ AND WANT$ <ul><li>One important idea in economics is that of needs and wants. </li></ul>
  4. 4. NEED$ AND WANT$ <ul><li>Needs would be defined as goods or services that are required. This would include the needs for food, clothing, shelter, health care. These are things you must have to live. </li></ul>
  5. 5. NEED$ AND WANT$ <ul><li>Wants are goods or services that are not necessary but that we desire or wish for. </li></ul>
  6. 6. NEED$ AND WANT$ <ul><li>For example, one needs clothes, but one may not needs designer clothes. One does not need toys, movies, or games. One needs food, but does not have to have steak or dessert. </li></ul>
  7. 7. NEED$ AND WANT$ <ul><li>Many times advertisers try to appeal to consumers in such a way that the consumers feel they need certain goods or services when in fact they only want them. </li></ul>
  8. 8. NEED$ AND WANT$ <ul><li>Do you need this or do you want this? </li></ul>
  9. 9. NEED$ AND WANT$ <ul><li>Need or want? </li></ul>
  10. 10. NEED$ AND WANT$ <ul><li>Need or want? </li></ul>
  11. 11. NEED$ AND WANT$ <ul><li>Try this need and wants activity. </li></ul>Activity
  12. 12. Resources <ul><li>Needs and Wants </li></ul>

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