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Group 3 Economics Flashcards | StudBud
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Group 3 Economics
Group 3 Economics
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Flashcards
8 cards
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Questions
8
Answers
1
Needs and wants aren't taught at the elementary level.
True
False
2
Economics is money.
True
False
3
Picture books are a great resource whether you teach an old standard through the lens of economic justice.
False
True
4
When is the best time to introduce economics curriculum?
Middle School
College
Elementary School
High School
5
There is no “right” decision when identifying needs and wants, it is a cultural decision.
False
True
6
Offering prizes or a class store is an effective classroom management tool that teaches students financial literacy.
True
False
7
Economics considers how we use/distribute resources, who decides consequences, and how to do things differently.
True
False
8
How should people determine the difference between their needs and wants?
need: air vs. want: laptop
depends on the context
all of the above
need: water vs. want: jewelery