Needs, Wants, and Money

Grade 145 minutes

Learning Objective

I can tell the difference between things I need and things I want.

Practice Questions

This lesson includes 7 practice questions to reinforce learning.

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1. What is something you need to survive? Give an example.

2. What is something you want but don't need to survive? Give an example.

3. Imagine you have enough money to buy either a new toy or a healthy snack. Which one is a need and which one is a want? Explain your choice.

...and 4 more questions

Educational Video

Financial Literacy—Needs and Wants | Learn about needs, wants, and opportunity costs

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