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AL COS #5 Think of a time when you had to make a choice about a present for someone. What were some things that helped you choose the present?

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Presentation on theme: "AL COS #5 Think of a time when you had to make a choice about a present for someone. What were some things that helped you choose the present?"— Presentation transcript:

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2 AL COS #5

3 Think of a time when you had to make a choice about a present for someone. What were some things that helped you choose the present?

4  Producer – someone who provides a service or makes goods  Consumer – someone who buys goods or services.

5  Income – money people earn when they work  Price – the amount of money you pay to buy something

6  Needs – things that you must have to live  Everyone must have: FoodshelterClothingWater *Shelter is something that protects or covers. Examples of shelter are houses, trailer homes, and apartments.

7  A want is something that you would like to have

8 Making Choices Choices What will Sally have to give up? What will she get? Buy a computer game Buy a scooter Most of the time, you cannot buy everything you want at one time. You have to make choices about what to buy. I have $30 saved. I can buy a computer game and play with it today. Or I can buy a scooter and ride it in the spring.

9 Now what about your needs and wants? NeedsWants What are some things that you need and some things that you want?

10 Wants and Needs Video

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12 Answer

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14 People build shelters to protect them from the weather.

15 House Apartment Trailer home Barn

16 Answer

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19 Question #2 Question #2

20 foodwater clothingshelter Question #3 Question #3

21 Question #6 Question #6

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