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NEEDS OR WANTS LESSON

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An important money concept for budgeting and economics is understanding the difference between NEEDS and WANTS.

Here, students must decide if each item is a need or a want.

 

LESSON LEARNED

 

Need and Want Identification

 

OTHER SKILLS REINFORCED

Budgeting

Elementary Economics

 

SUGGESTED

GRADE LEVELS

1 to 6

 

Multiple levels.

 

 

Suggested Lesson Plan for Needs verse Wants

 

A fundamental concept in budgeting and economics is needs and wants.

 

Needs are something you must have for survival.  For example, food and water.  Without food, you would not be able to live.  Wants are something that you would like to have, but it is not necessary, and you could do without it.  An example would be entertainment, toys, CDs, etc.

 

Sometimes needs and wants overlap.  For example, cake is a food, but it is not a need, but a want.  In general, you need a basic diet to survive, but that diet does not need to include cake.

 

Use the following worksheet to practice identifying needs or wants.

 

WORKSHEET Instructions

 

Students should look at each picture and decide if it is a need or a want.  Worksheet choices allow worksheets to be created that either have the student circle the need, or the words "need and want" is written, and the student must circle the correct word.

 

Note that this is a random worksheet.  A new worksheet is created every time you press the button below.  Create multiple worksheets for additional practice for your students.

 

 

 

 

WORKSHEET

 

BASIC WORKSHEET
 

Circle 

Need or Want?

Note - Requires FULL Membership

 

 

 

 

 

CREATE YOUR OWN WORKSHEET

Create a more difficult, or easier worksheet.

Choose either letters or words to match to the pictures.

 

 

 

Choose type to select

(one choice per worksheet)

     

 

Circle Need or Want

 

Blank
     
     

 

 

 

Number of questions     

 

Questions per line          

 

 

 

 

Note - Requires FULL Membership

 

 

 

Go back to worksheet info

 

 

 

 

 

You may come back to these worksheet links more than once if your

students are having trouble mastering this concept, since

these are RANDOM worksheets. Every time you choose the

link (or press "refresh" on your browser) a NEW worksheet will be generated.

 

 

Needs or Wants Worksheet

 

 

 

 

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