K.9 - Economic Needs and Wants

Happy Farm

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In Happy Farm, players are to collect wooden pieces of pigs, chickens, and cows into families of two. The players throw a die to move across the board and collect animals; when they reach one of the two farmhouses, they may exchange the animals with each other.

Grade Level:

Primary

Content Area:

Math

Social Studies

Play Time:

15 min.

Why People Work (2006)

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In answering the question, "Why do people work," introduces key economic concepts such as wants, needs, money, economy, goods, services, importing, exporting, etc. Provides a contrast between manufacturing and agricultural communities and the representative jobs in each. Explains that Detroit is a typical manufacturing community that exports manufactured products all over the world.

Grade Level:

Primary

Elementary

Length:

00:10

Starting a Business (2005)

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Got a great idea? So do Chloe, Andy, Mia, and Jamaal. Join them as the go from eating a cookie to starting their own cookie business. Discover how market research and a business plan can help you own and operate a business in your community.

Grade Level:

Primary

Elementary

Length:

00:23

Saving, Spending & Investing Money (2005)

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Discover the truth about money, its history and how the use of money through saving, spending, earning and investing is the backbone of our economy. Learn how hard work, budgeting, and good decision-making are the keys to be able to buy the things you need and want.

Grade Level:

Primary

Elementary

Length:

00:23

U.S. Industries & Resources (2005)

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Discusses how natural resources in different regions of the United States have started different industries - and how dozens of business have been created within those industries. Examines the free market economy, domestic and international trade, and how people use both to satisfy their wants and needs.

Grade Level:

Primary

Elementary

Length:

00:23

What is Ecomonics? (2005)

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Explores the basic concepts of economics and viewers will learn about how people play an important role as both consumers and producers. Also discusses wants and needs, goods and services, and scarcity and demand.

Grade Level:

Primary

Elementary

Length:

00:23

The Difference Between Wants and Needs (2003)

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People earn, save, and spend money to satisfy their needs and wants. Making the right choice between the two is not always easy. In this enchanting movie, two friends wake up and find themselves on a desert island where the "Genie of Wise Choices" lives.

Grade Level:

Primary

Length:

00:17

How Our Economy Works (2001)

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In this engaging video students learn that people work to earn money so that they can satisfy their basic needs and wants and that everything we spend money on is either for goods or services. They learn what a job is and the difference between production workers and service workers. They are introduced to the concepts of saving and banks.

Grade Level:

Primary

Length:

00:20