Show:
Needs and Wants
Let's go shopping!
Scarce things
People at work
100
This is something you need to buy in order to eat.
What is food?
100
You do this when you give a store money and they give you what you want.
What is buying?
100
There is lots of this in the ocean but the kind we need is scarce.
What is water?
100
This is a person who does work for no money. No, not a slave!
What is a volunteer?
200
This is something you need to cover your body and keep warm.
What are clothes?
200
Stores do this when they give you something and get money for it.
What is selling?
200
This is scarce for most people. We have to make good choices about how to spend it.
What is money?
200
A barber or hair stylist provides this when they give people haircuts.
What is a service?
300
A new bike is an example of this.
What is a want?
300
You need this to buy things.
What is money?
300
These are scarce resources that are found in nature. Oil and coal are examples.
What are natural resources?
300
Workers at a factory create these. Examples might include TV's, cars, or dishes.
What are goods?
400
Rice is an example of this.
What is a need?
400
This is a number that is put on something for sale. It tells us how much money it costs.
What is a price?
400
These jewels are often put on rings. Even though they're not as important as water they're more expensive because of their scarcity.
What are diamonds?
400
These workers provide services for the community. We learned about them in Unit 1.
What are community helpers?
500
Houses, apartments, tents, and tee-pee's are examples of these.
What are shelters?
500
This is another word we learned for trading. People used to do this before they created money.
What is bartering?
500
These were used as money long ago in the video we watched. They're found on beaches.
What are shells?
500
This man was featured on page 142. He moved from Vietnam to Hawaii and started his own sandwich shop.
Who is Thanh Lam?