1.MATH.9.B
Identify income as a means of obtaining goods and services, oftentimes making choices between wants and needs.
Grade 1 · Texas Essential Knowledge and Skills (TEKS) · TEKS 2012
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
incomegoodsserviceschoiceswantsneeds
Skills
- identify (income as a means of obtaining goods and services) #dok1
- differentiate (between wants and needs) #dok2
- make choices (between wants and needs) #dok2
- explain (how income is used to obtain goods and services) #dok2
Learning Targets
- I can identify income as a way to get goods and services. #dok1
- I can list examples of wants and needs. #dok1
- I can describe the difference between wants and needs. #dok2
- I can decide which items I want and which items I need. #dok2
- I can explain how people use income to buy things they need or want. #dok2
Big Ideas
- People use their income to make choices about what goods and services to obtain.
- Differentiating between wants and needs helps us make smart decisions with our income.
Essential Questions
- What is income, and how do people use it?
- How does income help us get things we need or want?
- What is the difference between a want and a need?
- How do we decide whether to spend income on wants or needs?
- Why is it important to know the difference between wants and needs?