Title: "Economic Wants and Needs"
Designed for Grades: 11-12
Estimated Time: 50 minutes
National Standards: Complies with NBEA Economics 2023 Standard I.1 Assess opportunity costs and trade-offs involved in making choices about how to use scarce economic resources
Objectives:
● Define and give examples of economic wants.
● Explain how economic wants are satisfied.
Materials:
● Projector or Smart Board
● Student laptops with an internet connection with Canva (or an application to create a Vision Board)
● Student flashcards (Print the flashcards duplex on the back pages of this lesson plan.)
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