Primary Economics: Wants, Needs, Goods, Services, Producers, Consumers, & More
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Description
It is never too early for students to begin learning about economics. This primary economics unit guides students through topics such as the difference between wants & needs, goods & services, producers & consumers, choice, cost & benefit, and saving & budgeting. This resource has been updated to include both print and digital options to save you time and prep!
Please click the preview button for more details!
What's Included:
:: Wants & Needs Slide Show
:: Goods & Services Slide Show
:: Producers & Consumers Slide Show
:: Printable Poster Guides
:: Fill in the Blank Booklet (corresponds with the slide shows)
:: Mini Book (corresponds with slide shows)
:: Consumer Rights and Responsibilities Reading Passage
:: What is a Producer? Reading Passage
:: Picture Sort for Producers vs. Consumers (print & digital)
:: Picture Sort for Goods vs. Services (print & digital)
:: Wants vs. Needs Graphic Organizer
:: Personal Savings Plan
:: Analyze the Needs of a Country Worksheet
:: Life Application Scenario Cards (3 different sets)
:: Assessment (EDITABLE)
Posters & Student Booklets:
The posters can be printed, but can also be displayed digitally. The anchor charts serve as a guide for students as they answer questions and provide examples. Students can follow along in the student booklets.
Topics Include:
- Wants & Needs
- Goods & Services
- Producers & Consumers
- Income
- Saving & Budgeting
- Choice
- Cost vs. Benefit
3 Complete Slide Shows (PPT and Google Slides):
This resource includes three separate slide shows. Each presentation provides picture examples and a statement explaining each concept.
Slide Shows Cover:
- Wants & Needs
- Goods & Services
- Producers & Consumers
Reading Passages:
This resource includes two reading passages. Two differentiated levels are provided. Please note that informational text is often higher level due to vocabulary terms.
Reading Passages Include:
- What is a Producer?
- Consumer Rights and Responsibilities
Scenario Cards:
This resource includes 3 sets of life-applicable scenario cards. A digital option is also included with space for students to type their responses.
These kid-friendly scenarios cover:
- Situations regarding saving and budgeting
- Situations of consumer rights and responsibilities
- Situations of wants and needs
Activities & Graphic Organizers:
This resource includes center activities in print format as well as Google Slides drag & drop versions.
This resource includes:
- Picture sort for producers vs. consumers
- Picture sort for goods vs. services
- Wants vs. needs and personal savings plan.
- Analyze the needs of a country
Assessment:
I have included an assessment that is completely EDITABLE. You can change, add, or delete any of the questions to better fit your student needs.
The two-page assessment includes:
- True/False
- Multiple Choice
- Short Answer
- Make determinations concerning consumer rights & responsibilities
If you have questions, feel free to reach out to me prior to purchasing. I can be reached directly at michellemcdonald9515@gmail.com
Thank you!
Michelle McDonald, B.A.E.
Social Studies Education, K-12
Elementary Education K-8
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