Primary Economics for Kids: Wants, Needs, Goods, Services, Consumers, Producers

This Primary Economics Unit is a well-structured, comprehensive resource designed to introduce young learners to foundational economic concepts through engaging, standards-aligned instruction. Here's a breakdown of the key features and classroom applications of this resource:

🌟 Primary Economics Unit Overview

Grade Level: K–3

Format: Print + Google Slides (Digital Compatibility)

Length: 9 complete lessons + supplementary materials

Alignment: Washington State Social Studies Standards (can crosswalk to other state/national standards)

📚 Included Components

🔟 9 Detailed Lesson Plans

Each lesson is thoughtfully sequenced and includes:

• Learning objectives
• Required materials
• Guided activities
• Student reflection/application

Topics Covered:

1. Introduction & Wants vs. Needs
2. Choices Between Wants and Needs
3. Goods and Services
4. Consumers and Producers
5. What is a Producer?
6. Consumer Rights and Responsibilities
7. Income and Saving
8. Saving and Budgets
9. Cost vs. Benefit

🖥️ Digital + Printable Resources

📘 Booklets & Posters

• All About Economics booklet (fill-in-the-blank, mini-book, and full version)
• Can be used as anchor charts, posters, or reference books
• Perfect for interactive notebooks

📊 Visual Slide Decks (PDF & Google Slides)

Includes 3 high-quality presentations:

• Wants & Needs
• Goods & Services
• Producers & Consumers
• ✅ All use real-life photos and examples
• ✅ Excellent for introducing or reinforcing concepts

📖 Reading Passages (Differentiated Levels)

1. What is a Producer?
2. Consumer Rights and Responsibilities
3. Great for building content-area reading skills with tiered text.

🎯 Graphic Organizers & Activities

Perfect for literacy centers, social studies, or writing integration:

• Picture sorts: Goods vs. Services and Producers vs. Consumers
• Wants vs. Needs organizer
• Personal Savings Plan
• Cost vs. Benefit comparison
• Am I a Consumer Today? reflection
• Analyze the Needs of a Country

➕ All available in print and Google Slides drag-and-drop versions

💬 Life Application Scenario Cards

• 3 differentiated card sets
• Real-world student situations
• Great for:
• Partner discussions
• Morning meetings
• Small group work
• Writing prompts

📝 Editable Assessment

• True/False, Multiple Choice, Short Answer
• Can be modified in PowerPoint
• Use as:
• Pre/post-assessment
• Review activity
• Progress monitoring

🧠 Why You'll Love It

✅ Low prep

✅ Developmentally appropriate

✅ Hands-on and real-world connections

✅ Aligns with SEL, financial literacy, and civic responsibility

💡 How to Use This Resource

• As a full 2-week unit (1 lesson per day)
• Integrated into social studies blocks
• Used in centers, ELA cross-curricular work, or digital learning
• Easily adapted for homeschool, special ed, or enrichment