Economics

Read each description and determine if you're purchasing goods or services.

Cut and glue the pictures from the bottom of the page to the correct side of the t-chart based on whether they show economic producers or consumers.

Determine whether each purchase is a need or a want.

Keep a record of your family's expenses for one week and group them according to needs and wants.

Cut out the needs and wants, then sort them on the t-chart.

This silly poem helps students understand the difference between wants and needs. Activity includes comprehension questions, vocabulary words, and a writing prompt.

Help your students learn about this important economics concept with this accessible article and worksheet. Reading comprehension questions and a vocabulary activity help reinforce key points, while a writing prompt encourages students to think about what they've learned.

This reading comprehension article introduces readers to the concept of supply and demand in an accessible way, using examples like Hot Wheels toys and swimming gear.

Keep a record of your family's expenses for one week and group them according to needs and wants.

Learn all about supply and demand in this fun poem that features Stan and his Boomtastic Flies!