Show:
Needs and Wants
Supply and Demand
Budget
Goods and Services
Dollar Form
100
Having utilities, a house and food are those needs or wants
What is need
100
In August, Bobby and Jenny bought 10 more hens. Does the cause the supply to go up or down?
What is supply going up
100
What are 3 ways to earn an income?
What is by doing chores, having a job/career or having an allowence or holiday
100
What is a bike, candy and Lunch. Are these good or services
What is a Good
100
On a white board, write 29 dollars and 45 cents in dollar form
What is $29.45
200
Is going to Disney a need or a want
What is want
200
In April many people want to buy eggs for Easter. Is this supply or demand?
What is Demand
200
What is the amount of money spent ...... Expenditure, income fixed
What is an expenditure?
200
You own a barber shop and cut hair. Is that a good or service
What is a Service
200
On a white board write 67 cents in dollar form
What is $0.67
300
Is Water a want or need
What is a Need?
300
isnt enough of something available Supply Demand or scarcity
What is scarcity
300
These are expenditures that are different each month such as entertainment, cloth shopping, etc.. Is this a fixed or variable expenses
What is variable
300
You have a new pair of shoes. Is that a good or a service
What is good
300
On a white board, write 137 dollars and 15 cents in dollar form
What is $134.15
400
Something you and your family need to survive is this a need or a want and what is an example
What is Need?
400
What is how many people want the goods that are available Supply or Demand
What is Demand
400
These are expenditures you need to pay to survive each month and they are the same. Is this a fixed or variable
What is Fixed expense
400
Can be used, consumed or kept is this a good or service Write down an Example
What is a Good
400
On a white board, write 36 dollars and 33 cents in dollar form
What is $33.33
500
What is a want and write down an example
A want is something you and your family want to do for fun or want something
500
What are the amount of goods available at a given time Supply or demand
What is supply
500
On a budget sheet there are fixed expenses and variable expenses. Write 3 of EACH on your white board.
Electric Water Rent/mortgage Utilities Food Shopping taxes Clothing Miscellaneous entertainment
500
Someone getting paid for doing something for someone is this a good or service Write down an Example
What is Service Cutting the grass, etc..
500
On a white board, write How is dollar form written
What is $0.00 You need the dollar sign and a point to make dollars and cents