2nd grade economics

Something that you have to have to survive

• need

• want

• good

• service

Something that you desire, but don't have to have to survive

• need

• want

• good

• service

What people use to obtain a good or service

• need

• save

• bank

• money

Something someone does for you

• good

• service

• need

• want

Something that is made or grown

• service

• good

• want

• need

_______ is the money you make/earn.

• income

• expense

• savings

What is an example of a NEED?

What is an example of a WANT?

Should you spend money on needs or wants first?

• needs

• wants

Which of these is an example of a good?

• babysitting

• an iPad