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Needs and Wants reproduction Slide-share slides. Power Point Presentation

  1. 1. The economy: Needs and Wants Grade:7 term ;1 Basic needs of individuals, families , communities and countries; Primary and secondary needs ; Unlimited wants, Limited resources to satisfy needs and wants
  2. 2. This is a reproduction of slide share slides.
  3. 3. Wants and Needs What’s the difference? By Mrs. Elenbaas
  4. 4. Here are the Stories! Don’t Let the Pigeon Drive the Bus! Don't Let the Pigeon Drive the Bus! By Mo Willems Cuyahoga Valley Career Center [cvccmediatech]. “Don’t Let the Pigeon Drive the Buss”. Retrieved from
  5. 5. The Pigeon Finds a Hot Dog! The Pigeon Finds a Hot Dog By Mo Willems TheCupWithTea. (2011, Nov. 30). The Pigeon Finds a Hot Dog. Retrieved from
  6. 6. Don’t Let the Pigeon Stay Up Late! Don't Let the Pigeon Stay Up Late By Mo Willems Sara McVey. (2009, Dec. 10). DontLetThePigeonStayUpLate.m4v. Retrieved from
  7. 7. The Pigeon Wants a Puppy! The Pigeon Wants a Puppy By Mo Willems Cuyahoga Valley Career Center [cvccmediatech]. The Pigeon Wants a Puppy. Retrieved from
  8. 8. What is a need? According to Oxford Dictionaries online, a need is defined as: 1. to require (something) because it is essential or very important rather than just desirable
  9. 9. So what are the pigeon’s needs? Air nest motorcycle All clip art retrieved from Microsoft Office food water candy a
  10. 10. What is a want? According to Oxford Dictionaries online, a want is defined as: 1. have a desire to possess or do (something); wish for
  11. 11. So what are the pigeon’s wants? Hot dog pizza bike All clip art retrieved from Microsoft Office. stay up late puppy drive a bus
  12. 12. Can you name some needs humans have?
  13. 13. Can you name some wants humans have?
  14. 14. What do You think? Needs Wants  Water  Toys  Air to breathe  Candy  Food  To go to the movies  A place to live  Stay up late (shelter)  Clothes  Doctor when needed  A new bike  Lots of money!
  15. 15. Wants and Needs By Hayley Brabson
  16. 16. The difference between a want and a need  A want is something that is nice to have, but you really don’t have to have it to live. Some examples of wants are: toys, candy, a car and a pet.  A need is something you would die without. Some examples of needs are: food, water and shelter.
  17. 17. How to get wants and needs  To purchase wants and needs you must have money. This is why it is important to save money.  When you have money it is most important to purchase your needs first. Then with the money left over you can purchase your wants.
  18. 18. The bank  To help us learn about wants and needs we will be making banks to keep on our desks.  For good behavior, good grades, winning games and other positive actions you will receive a quarter.  At the end of the week you will be able to trade your quarters in to purchase your needs. Then with the leftover money you can buy your wants.
  19. 19. The purpose  At the end of this lesson I hope that you will be able to know how to save money and the difference between wants and needs.  To help you do this we will play games and do different activities.
  20. 20. One of the most basic concepts of economics is: want vs need. Wants: Things that we can live without, but like to have. A Want: A Need: is something you would is something you have to like to have. It is not have, something you can't absolutely necessary, but do without. A good it would be a good thing to example is food. If you have. A good example is don't eat, you won't music. Now, some people survive for long. Many might argue that music is people have gone days A Need: a need because they think without eating, but they Is something thought to they can't do without it. eventually ate a lot of be a necessity or an But you don't need music food. You might not need essential item required to survive. You do need to a whole lot of food, but for life e.g. food, water eat. you do need to eat. and shelter. A Want: Needs: Is something unnecessary Goods and services which consumers need to but desired or an item which survive. increase the quality of living. These include fresh water, clothing and food. Wants: Needs: Goods and Services which consumers can live withou Things we cannot live without. but would like to have.
  21. 21. Maslow's hierarchy of needs is a theory in psychology proposed by Abraham Maslow in his 1943 paper A Theory of Human Motivation.
  22. 22. Physiological Needs: These are self-explanatory; they are the literal requirements for human survival. If these requirements are not met, the human body simply cannot continue to function. Breathing, Nutrition, Homeostasis, Human interaction. Air, water, and food are metabolic requirements for survival in all animals, including humans. Clothing and shelter provide necessary protection from the elements. The intensity of the human instinct in maintaining a birth rate adequate to survival of the species.
  23. 23. Safety Needs: With their physical needs relatively satisfied, the individual's safety needs take precedence and dominate behavior. These needs have to do with people's yearning for a predictable orderly world in which perceived unfairness and inconsistency are under control, the familiar frequent and the unfamiliar rare. In the world of work, these safety needs manifest themselves in such things as a preference for job security, grievance procedures for protecting the individual from unilateral authority, savings accounts, insurance policies, reasonable disability accommodations, and the like. Safety and Security needs include: •Personal security •Financial security •Health and well-being •Safety net against accidents/illness and their adverse impacts.
  24. 24. Belongingness and love needs: After physiological and safety needs are fulfilled, the third layer of human needs are social and involve feelings of belongingness. This aspect of Maslow's hierarchy involves emotionally based relationships in general, such as: Friendship - Intimacy - Family Humans need to feel a sense of belonging and acceptance, whether it comes from a large social group, such as clubs, office culture, religious groups, professional organizations, sports teams, gangs, or small social connections (family members, intimate partners, mentors, close colleagues, confidants). They need to love and be loved. In the absence of these elements, many people become susceptible to loneliness, social anxiety, and clinical depression. This need for belonging can often overcome the physiological and security needs, depending on the strength of the peer pressure; an anorexic, for example, may ignore the need to eat and the security of health for a feeling of control and belonging.
  25. 25. Esteem Needs: All humans have a need to be respected and to have self-esteem and self-respect. Also known as the belonging need, esteem presents the normal human desire to be accepted and valued by others. People need to engage themselves to gain recognition and have an activity or activities that give the person a sense of contribution, to feel accepted and self-valued, be it in a profession or hobby. Most people have a need for a stable self-respect and self-esteem. Maslow noted two versions of esteem needs, a lower one and a higher one. The lower one is the need for the respect of others, the need for status, recognition, fame, prestige, and attention. The higher one is the need for self-respect, the need for strength, competence, mastery, self-confidence, independence and freedom. The latter one ranks higher because it rests more on inner competence won through experience. Deprivation of these needs can lead to an inferiority complex, weakness and helplessness.
  26. 26. Self-actualization: “What a man can be, he must be.” This forms the basis of the perceived need for self-actualization. This level of need pertains to what a person's full potential is and realizing that potential. Maslow describes this desire as the desire to become more and more what one is, to become everything that one is capable of becoming. This is a broad definition of the need for self-actualization, but when applied to individuals the need is specific. For example one individual may have the strong desire to become an ideal parent.
  27. 27. Needs or Wants?
  28. 28. Introduction  We all have many wants and needs, but we lack the resource s to  How we allocate our resource s, or “choose” what to do, is Economic s in
  29. 29. Want or Need ?  What we want” and what we need, are two very different things.  Wants can be anything that we, well, wa nt.  Needs are We balance these against our available resources
  30. 30. Want  Examples include:  Cars  Jewelry  Real Estate  Anything and Everything!
  31. 31. Need  Examples Include:  Food and Water  Shelter  Air  Personal Contact
  32. 32. Resources  Examples Include:  Money  Time  Skills  Anything that you Possess
  33. 33. Close this presentation and go back to the course to complete activities based on this information.
  34. 34. Needs and Wants
  35. 35.  Some things we need to live. Those things are called needs.  What are some things you need?
  36. 36. Needs Here are some things you need. Coat Food Hat and Mittens Shelter
  37. 37. Wants  Sometimes we would like to have things even though we don’t need them. We call these things wants.  We cannot always have all of our wants.
  38. 38. Wants Here are some things you may want. Bike TV Toys
  39. 39. Needs and Wants Content – (learn about) needs and wants • difference between needs and wants • classifications of needs – primary, secondary – physical, social, emotional, cultural, spiritual (PECSS) – Maslow’s hierarchy • satisfying needs and wants Skills – (learn to) compare the effectiveness of Maslow’s heirachy with other classifications listed
  40. 40. Needs Needs are basic requirements of life; things necessary for survival Eg food, shelter, clothing, love, water. .
  41. 41. Wants Wants are things that are desirable but not necessary in order to survive. Eg DVD player, mobile phones, ice cream, brand name clothes
  42. 42. Primary and Secondary Needs Primary needs are biological or physical needs that are essential to life. Eg food, water, clothing and shelter. Secondary needs are wants or acquired needs they are more likely desires. Eg safety, love, respect, creativity
  43. 43. Classifications (PECSS) Physical Physical needs for normal growth development and good health include: adequate sleep, regular health care, safety and protection. Also special treatment and help for disabilities. Cultural Includes requirements of air, water and sunshine. Development Social Interaction, socialisation, companionship and friendship can be fostered. A sense of belonging from family and other groups. Eg. Leisure, recreation and relaxation. of customs, beliefs, values and traditions within the family unit. Development of roles and responsibilities Emotional Includes a stable environment, independence, love,. affection, security within family and social groups Using the information provided, create a mind map that shows the links between each of these classifications and needs / want and well-being. Spiritual Moral or religious needs Development of conscience, understanding the difference between wrong and right, beliefs, attitudes
  44. 44. MASLOW’S HIERARCHY OF NEEDS  Developed in 1954 by Abraham Maslow  Hierarchy ranks needs in order of importance  Not everything in the hierarchy is necessary for survival  Needs at the bottom need to be met first There are 5 levels of Maslow’s Hierarchy -Physiological: food water and shelter -Safety: feelings of personal security -Love: social and belonging -Esteem: our self -Self actualization: happy and Read page 12 – 13 of CAFS text book Task - Explain the term self-actualisation. Use scaffold provided to help plot your response. fulfilled with everything