5
Theme 2 Lesson 5:
Why We Save
The students create a banner depicting choices they make and the opportunity costs they incur. They learn about saving money in order to satisfy a want. They make and decorate a special vest. The vest serves as a prop which they use in considering choices and opportunity costs.
Concepts
- Wants
- Spending
- Choice
- Opportunity Cost
- Money
- Cost
- Saving
- Savings Account
- Economic Wants
- Savings
- Deposit
- Spend
Standards in Economics and Personal Finance
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