Need and Wants
Things we must have to live
Things we would like to have
Needs
Wants
We make a ______ when we pick between two things.
choice
______ are things people grow or make.
Goods
People do not always have a good or service to trade. Today, most people use _______ to trade.
money
What day was yesterday?
Pepero Day !
What are the 4 same needs that all people have? (in textbook)
food, water, clothing, shelter
When there is not enough of something, it is ______.
scarce
_______are jobs people do to help others.
A _____ is the work people do.
job
When is Ms.Jane's birthday month?
Some people sew, or _______, their own clothing.
produce
A ________ is when you give up one thing to get something else.
trade-off
When we ______, we give one thing to get something else.
trade
title
Who has the most dojo points in Holly class as of today?
Alex R. !
People need money to buy things. People work to earn money.
Which sentences is the cause?
People need money to buy things.
The thing you give up is called __________.
Opportunity cost
What are the jobs of producer and consumer?
Producer grows or makes goods.
Consumer uses goods and services.
Rows and _______ show information.
columns
What is Ms. Jane's dog's name?
Coco
How to MOST people meet their needs?
They use money to buy the things they need.
Three children want apples for a snack. There is only one apple. Two children must pick a different snack.
Which sentence is the effect?
Two children must pick a different snack.
A producer can be _________, too. They buy things they need to make goods.
A chart is a way to show things using words, ______. and pictures.
numbers
Guess where Ms.Jane traveled to last weekend~
Jeju Island!