To complete this task, we need to sort each item into one of two categories:
Needs or
Wants.
Here is the definition for each category based on the worksheet:
*
Need: Something you must have to stay healthy and safe. (Examples: Food, water, shelter, clothing).
*
Want: Something you enjoy and want to have, but is not a need. (Examples: Toys, games, fancy treats, luxury items).
Let's go through the items row by row, from left to right:
Row 1:
1.
Bananas: This is food. You need food to stay alive and healthy. ->
Need
2.
Bicycle: This is a toy or a hobby vehicle. You don't need it to survive. ->
Want
3.
Jacket: This is clothing. You need clothes to stay warm and safe. ->
Need
4.
Apartment Building: This is a place to live (shelter). You need shelter to stay safe. ->
Need
5.
Milk and Juice: These are drinks. You need fluids to stay healthy. ->
Need
Row 2:
1.
Swing Set: This is for playing. It is fun, but not necessary for survival. ->
Want
2.
Cabin in the woods: This is a house. It provides shelter. ->
Need
3.
Sneakers: These are shoes (clothing). You need shoes to protect your feet. ->
Need
4.
Lego Blocks: These are toys. ->
Want
5.
Sandwich: This is food. ->
Need
Row 3:
1.
Soccer Ball: This is a toy/sport equipment. ->
Want
2.
Pants: These are clothes. ->
Need
3.
Handheld Game Console: This is an electronic toy. ->
Want
4.
Teddy Bear: This is a toy. ->
Want
5.
House: This is shelter. ->
Need
Row 4:
1.
Grapes: This is food (fruit). ->
Need
2.
Building Blocks (ABC): These are toys. ->
Want
3.
T-Shirt: This is clothing. ->
Need
4.
Hamburger: This is food. ->
Need
5.
Diamond Ring: This is jewelry. It is a luxury item, not necessary for survival. ->
Want
Summary of Sorting:
Needs:
* Bananas
* Jacket
* Apartment Building
* Milk/Juice
* Cabin
* Sneakers
* Sandwich
* Pants
* House
* Grapes
* T-Shirt
* Hamburger
Wants:
* Bicycle
* Swing Set
* Lego Blocks
* Soccer Ball
* Game Console
* Teddy Bear
* Building Blocks
* Diamond Ring
Final Answer:
Needs: Bananas, Jacket, Apartment Building, Milk/Juice, Cabin, Sneakers, Sandwich, Pants, House, Grapes, T-Shirt, Hamburger.
Wants: Bicycle, Swing Set, Lego Blocks, Soccer Ball, Game Console, Teddy Bear, Building Blocks, Diamond Ring.
Parent Tip: Review the logic above to help your child master the concept of economics and you worksheet.