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LESSON: JUST SHOPPING WITH
MOM
LESSON PLAN SUMMARY
In this
humorous story, a mother goes shopping with her three kids. The
little girl wants to buy everything in sight. They pass by
the bakery, the pet store, the toy store, the dress store, and
finally the ice cream shop. The mother buys a dress for the little
girl and they all go home and eat ice cream.
Concept: Economic wants
Definition: Economic wants are desires
that can be satisfied by consuming a good, service, or leisure
activity.
Comprehension Questions
Name
some of the goods at the food store.
The goods include apples,
plums, pears, peanuts, pet food, candies, cat litter, sausages, books,
toys, paper towels, etc.
What
goods did the little girl want?
She wanted the red plums,
candies, yellow duck, red pail, ice cream, cake, doll, etc.
Did she
get what she wanted?
No.
Why?
Her mother would
not buy the goods for her. The mother knew she had a scarcity of
income. Also, the mother did not think it was good for the little
girl to have all the things she wanted.
Have
you ever gone to the store with your parents and asked for things
that your parents did not want you to buy? Explain. Answers will
vary.
Are our
economic wants usually greater than our income?
Yes! Because
of this scarcity situation, we have to make choices.
What
did the mother buy for the little girl?
She bought a
dress.
What
was the best part of the trip for the children?
Getting an
ice-cream cone.
Other Concepts: Goods and
Services, Scarcity | 
