Grade 4 · Social Studies · Lesson 30

Needs vs Wants Analysis

Every day, people make choices about what to buy or use. To make smart decisions, it helps to understand the difference between needs and wants. Knowing which is which allows you to plan your spending wisely.

What this lesson teaches

1Distinguish between needs and wants
2Give examples of needs and wants in everyday life
3Explain how to make smart decisions about needs and wants
4Reflect on personal needs and wants and how to plan for both

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