Economics Collection

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