Primary Economics: Wants, Needs, Goods, Services, Producers, Consumers, & More

Grade Levels
1st - 3rd, Homeschool
Formats Included
  • Zip
  • Google Apps™
Pages
160+
$8.00
$8.00
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Includes Google Apps™
The Teacher-Author indicated this resource includes assets from Google Workspace (e.g. docs, slides, etc.).

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!

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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Blog: StrategicEducationalServices.com

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Total Pages
160+
Answer Key
N/A
Teaching Duration
N/A
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