Unit 1: Goals and Decision Making

Section 2: Needs vs. Wants

Distinguish needs vs. wants

I CAN:

Are goods or services you CanNOT LIVE without:◦ Food◦ Water◦ Air◦ Shelter-Clothing

Needs

Goods or services that you CAN live without◦ Tickets to a Cards game◦ Cable TV◦ A Car◦ Diamonds

Wants

If you have NO clothes, you NEED clothes If you have lots of clothes, but would really

like a new top from Aeropostle, it’s a WANT

If it’s the Zombie Apocalypse and you are out of food, the candy bar you see is a NEED

If your tummy is full, but you like the looks of that Reese's cup, the candy is a WANT

Circumstances can affect whether it’s a need or want

Distinguish needs vs. wants

Prove you can by completing Activity 1.4

CAN I?