Schedule for the day…
-Folder Setup
Chapter 1 – Basic Economic Concepts
Section 1 – A Look at Wants and Needs
-Pages 4 – 10
Objectives – Upon the completion of this lesson, students will be able to:
-State the differences between wants and needs.
-Describe how resources limit the number of wants and needs people and businesses can satisfy.
-Explain how the decision-making process can help you to make the most of your resources