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Economics: Needs, Wants, and Economic Choices

1st Grade · Social Studies · US-WY-SS

8 lessons

Goal

Understand fundamental economic concepts including needs, wants, goods, services, prices, saving, and modern production.

8 lessons
0 of 8 done
  1. Needs Versus WantsUp next
  2. Goods and Services in Our CommunityNot started yet
  3. Producers and ConsumersNot started yet
  4. What Is Price and How Money WorksNot started yet
  5. How Price Affects Buying and Selling ChoicesNot started yet
  6. Spending, Saving, and Making Economic ChoicesNot started yet
  7. Assembly Lines and Mass ProductionNot started yet
  8. How Robots and Digital Tools Change ProductionYou are here
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Learning standards covered

us-wySS2.3.3Wyoming Social Studies Standards · 5th Grade

Identify how science or technology affects production (e.g., assembly line, robots, and video streaming).