What are Needs?
needs are things we must have to live
What are Wants?
wants are things we would like to have.
Need or Want?
Need
Need or Want?
Want
Need or Want?
Need
Need or Want?
want
Need or Want?
need
Need or Want?
want
Need or Want?
need
Need or Want?
want
What is money?
coins or bills used to buy things
something that never runs out
paper that we throw away
the idea of buying things we want
What is a choice?
when we save money in the bank
when we use money to buy things
when we buy something we want
when we pick between two things
If three children want to use a computer and there is only one. The computers are _______?
scarce
choice
plenty
money
What is a trade-off?
When you give up one thing to get something else
when you buy everything you want
when you save money in the bank
When there is not enough of what you want
What is a good?
goods are things people grow or make
What is a service?
services are jobs people do to help others
