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LESSON: THE AWFUL AARDVARKS SHOP FOR
SCHOOL
Lesson Summary
The
aardvarks make a list of things they need for "Back to School." They go to
the Shop-All-Day Mall to satisfy their economic wants.
Concept: Economic Wants
Definition: Economic wants are desires that
can be satisfied by consuming a good, service, or leisure
activity.
Comprehension Questions
The
aardvarks made a shopping list for "Back to School." Identify
each economic want as a good or a service.
Goods - sneakers,
new jackets, notebooks, pencils, crayons, glue, markers, lunchbox,
backpacks.
Service - haircuts
Where
did they go to shop for their wants? List all the different stores
they visited.
Stores in the Shop-All-Day-Mall: clothing and shoe
store, toy store, candy shop, bookstore, food court, beauty
shop.
Describe how their list of wants
changed after they began shopping in each store.
They saw things
they wanted that were not on their list.
Explain
how they satisfied their economic wants.
By going to the
different stores and taking what was on the shopping list and
more.
Identify one scarcity problem in the
story.
There was no
lunch box.
Other Concepts: Goods and
Services, Money,
Scarcity | 
