Understanding Families' Needs and Wants

What is a need?

• A type of food

• A toy

• A big house

• A luxury car

What do families use to buy things they need?

• Money

• Water

• Stones

• Leaves

Which of these is a service?

• A sandwich

• A toy

• A book

• A haircut

What is a want?

• Food

• Water

• A video game

• Shelter

How do people earn money?

• By playing

• By working at a job

• By sleeping

• By watching TV

What do families do with money?

• Throw it away

• Eat it

• Hide it

• Use it to buy goods and services

Which of these is a good?

• A haircut

• A doctor visit

• A car

• A dance class

Why do families make choices?

• To save time

• To avoid work

• To meet their needs and wants

• To have fun

What is the purpose of money?

• To play with

• To buy goods and services

• To decorate

• To collect

What is an example of a choice a family might make?

• All of the above

• Choosing a pet

• Choosing a vacation spot

• Choosing a meal to cook