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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 WorksYou are here
  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 ProductionNot started yet
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Learning standards covered

us-wySS2.3.2Wyoming Social Studies Standards · 5th Grade

Identify how price may affect buying, selling, and saving decisions.