Economic Choices · Present Day
Needs, Wants, & Budgeting
Making smart choices about money, understanding the difference between essentials and luxuries.
Key Questions
- 1What is the difference between a need and a want?
- 2Why is it important for families and cities to have a budget?
- 3How do you decide what to save for and what to buy now?
Common Core State Standards
C3: D2.Eco.1.3-5C3: D2.Eco.13.3-5
Grade: 3rd Grade
Subject: Communities & Regions
Unit: Economic Choices
Period: Present Day
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.
More in Economic Choices
Supply & Demand
Why prices change based on how much of something is available and how many people want to buy it.
3 methodologies
Entrepreneurs in the Community
How people start businesses to solve problems and the risks and rewards of being a business owner.
3 methodologies
Interdependence & Trade
How communities rely on each other for goods and services they cannot produce themselves.
3 methodologies