Needs, Wants, and Money

Grade 1Social Studies45 min

Learning Objective

I can tell the difference between things I need and things I want.

Lesson Flow

Watch Video

5 min

Financial Literacy—Needs and Wants | Learn about needs, wants, and opportunity costs

Unknown Channel

Practice

14 min

7 questions • Short answer

Exit Ticket

5 min

Is a glass of water a need or a want? Explain why. Is a new toy a need or a want? Explain why.

Teacher Guide

Get the complete package:

  • Answer keys for all questions
  • Differentiation strategies
  • Extension activities
  • Printable student handouts