Be an Economics Expert

How do people earn and spend money? That’s economics!
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Ronnie Kaufman/Larry Hirshowitz/Blend Images/Getty Images

Lesson Resources

Teaching Information

Standards

Economics:

There is a difference between a need and a want.

 

 Money is used to purchase goods and services.

Key Words

chores

 

economy

 

economics

 

goods

 

needs

 

services

 

wants