Theme 3 Lesson 8:
We Are Consumers

The students discover that they are consumers. As they fill their pockets with pictures of things they want, they learn that consumers want both goods and services. As they try to help Nicholas choose a pet, and reflect on his decision, they also learn that making decisions about spending is not easy.

Visuals & Activities


  • Consumers
  • Choice
  • Goods
  • Services
  • Consume
  • Wants
  • Economic Wants
  • Cost
  • Opportunity Cost

Standards in Economics and Personal Finance

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