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Wants vs. Needs Classroom Market Economics Activity

Grade Levels
2nd, 3rd, 4th, 5th
Product Rating
3.9
Teachers Pay Teachers
PDF (Acrobat) Document File
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0.05 MB   |   2 pages

PRODUCT DESCRIPTION

In this classroom activity on wants vs. needs, students will choose goods to "purchase" from a classroom market prepared by the teacher. Students will have a set budget to spend on whatever they want, but they must choose wisely between wants and needs.

The activity also doubles as a useful math activity, as students calculate the total purchase amount and must keep their spending on a budget.

This includes a full lesson plan with preparation instructions, class discussion notes and questions, and a worksheet for students to use in the class market.

It is an excellent introduction to an economics unit.

Looking for more wants vs. needs resources? Check out my Wants vs. Needs Activity Bundle instead, which includes this lesson as well as the Wants vs. Needs Hand Signs Activity and the Wants vs. Needs Picture Worksheet, all for a discounted price!
Total Pages
2
Answer Key
N/A
Teaching Duration
N/A

Average Ratings

3.9
Overall Quality:
3.9
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3.9
Practicality:
3.9
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3.8
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3.9
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3.9
Total:
8 ratings

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4.0
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4.0
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4.0
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4.0
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4.0
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On  May 8, 2013,  Laura O. said:
Great idea!
On  August 1, 2013Econ for Kids answered:
Thank you!
Teachers Pay Teachers
n/a
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
Creativity:
4.0
Clarity:
On  February 2, 2013,  Buyer said:
Great activity!
On  August 1, 2013Econ for Kids answered:
Thanks very much!
Teachers Pay Teachers
n/a
3.8
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
3.0
Creativity:
4.0
Clarity:
On  December 9, 2012,  Alexis M. said:
Thanks!
On  August 1, 2013Econ for Kids answered:
You're welcome :)
Teachers Pay Teachers
n/a
3.5
Total:
3.5
Overall Quality:
3.5
Accuracy:
3.5
Practicality:
3.5
Thoroughness:
3.5
Creativity:
3.5
Clarity:
On  November 27, 2012,  Buyer said:
Thank you.
On  August 1, 2013Econ for Kids answered:
You're welcome!
Teachers Pay Teachers
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
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4.0
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On  November 20, 2012Shaina DeBord (TpT Seller) said:
thanks!
On  August 1, 2013Econ for Kids answered:
You're welcome! :)
Teachers Pay Teachers
n/a
4.0
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4.0
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4.0
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4.0
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4.0
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4.0
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4.0
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On  September 27, 2012,  Wendy P. said:
Thanks!
On  August 1, 2013Econ for Kids answered:
You're welcome! :)
Teachers Pay Teachers
n/a
3.5
Total:
3.5
Overall Quality:
3.5
Accuracy:
3.5
Practicality:
3.5
Thoroughness:
3.5
Creativity:
3.5
Clarity:
On  April 8, 2012,  Deana F. said:
I have been looking for something like this. Excited to use it! Thank You!
On  August 1, 2013Econ for Kids answered:
Thanks for the feedback!
Teachers Pay Teachers
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
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4.0
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4.0
Creativity:
4.0
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On  March 21, 2012Audrey Shumate (TpT Seller) said:
Great Activity!!
On  March 23, 2012Econ for Kids answered:
Thank you!
Teachers Pay Teachers
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Wants vs. Needs Classroom Market Economics Activity