Wants and Needs
Grade 5•45 minutes
Learning Objective
I can differentiate between things people want and things people need to survive.
Practice Questions
This lesson includes 7 practice questions to reinforce learning.
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1. What is a "need"? What is a "want"? Give one example of each.
2. Why does the video say it's important to know the difference between needs and wants?
3. Imagine you have $20. Name one thing you NEED to buy and two things you WANT to buy. Which is more important, the need or the wants? Why?
...and 4 more questions
Educational Video
Financial Literacy—Needs and Wants | Learn about needs, wants, and opportunity costs
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