
Public learning track
Basic Economics: Needs, Wants, Goods, and Saving
1st Grade · Social Studies · US-WV-SS
6 lessons
Goal
Understand economic choices, trade goods and services, and learn how saving and banks help people plan for the future.
6 lessons
0 of 6 done
- 1Needs Versus Wants: Making ChoicesUp nextStart
- 2Graphing Needs and Wants to Evaluate ChoicesNot started yetStart
- 3Goods and Services: Producers and ConsumersNot started yetStart
- 4Trading and the Classroom Store Exchange SystemNot started yetStart
- 5How Banks Help People Save MoneyNot started yetStart
- 6Tracking and Graphing Savings Over TimeNot started yetStart
Standards Covered
- SS.2.6West Virginia Social Studies Standards · Social Studies · all grade levels · All agesConsider and categorize needs and wants in a graph, chart, or table to evaluate consequences of one choice over another.
- SS.2.7West Virginia Social Studies Standards · Social Studies · all grade levels · All agesDesign a system that reflects the understanding of the exchange of goods and services (e.g., trading cards and classroom store).
- SS.2.8West Virginia Social Studies Standards · Social Studies · all grade levels · All agesExplain the role of banks in saving for future purchases and create a graph reflecting savings over time.
Curriculum Framework
1st Grade · Social Studies · US-WV-SS
1
7 lessons
Rules, Citizenship, and Government
Understand the purpose and fairness of rules and laws, the three levels of government, and how good citizens and leaders serve communities.
2
8 lessons
American Symbols, Holidays, and Diverse Cultures
Identify major patriotic symbols, traditions, and national holidays while exploring diverse cultural contributions across America.
3
8 lessons
Map Skills, Continents, and Oceans
Use map tools, cardinal directions, and geographic technology to locate continents, oceans, and major U.S. landmarks.
4
7 lessons
West Virginia Geography and State Identity
Locate West Virginia's cities, borders, and landforms while exploring state symbols, leaders, and famous West Virginians.
5
6 lessons
Natural Resources and Environmental Interactions
Classify natural resources, explain how people use and conserve them, and understand how environment and climate affect human communities.
6
6 lessons
Basic Economics: Needs, Wants, Goods, and Saving
Understand economic choices, trade goods and services, and learn how saving and banks help people plan for the future.
7
8 lessons
History, Timelines, and Life Then and Now
Build historical thinking skills using timelines, investigate changing careers and technologies, and compare past and present lifestyles in West Virginia.