Workers, Needs,

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Workers, Needs, Wants

• By Ashby Morell
• Clip Art from Microsoft Office 2007

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Corresponding State Standards

• 2.03 Understand fundamental economic concepts.
• 1.2.01a Recognize that workers who provide
  services earn money to meet needs and wants.
• 1.2.01c Identify how people exchange goods and
  services.
• 1.2.01d Describe the requirements of various jobs
  and the characteristics of a job well performed.
• 1.2.02 a Recognize that goods and services are
  exchanged worldwide.
• 1.2.02 c Identify examples of goods and services
  in the home, school, and community.

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Some workers produce goods.

• Goods are things we buy. Goods are bought and
  traded all over the world.

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Some workers provide services.

• Checking your health, putting out fires, and
  taking care of pets are all services that workers
  can provide. Services are bought and traded all
  over the world.

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A need is something you have to have to survive.

• Food and water are needs.

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Your home and clothes are both a need.
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Plants and air are needs.
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A want is something you do not need to survive.

• Toys are a want.

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A boat or camper is a want.
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A swimming pool and a trampoline are wants.
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A worker earns money to buy needs and wants.
The money a worker earns is called a paycheck or
salary.
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Workers need certain skills to do a job.
Workers can go to school to learn skills or be
trained on the job.
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Workers must perform their jobs well.
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For example, a teacher must come to work every
day, be on time, plan lessons, and teach
students.
If the teacher performs her job well, her
students will learn what they need to and do well
in school.
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Lets see how much you remember!
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What is are goods and how do we get them?

• Goods are things we buy. Goods are bought and
  traded all over the world.

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What are services and who provides them?

• Services are things done for others. For
  example, a vet taking care of your animal is a
  service.

Many different types of workers provide services.
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What is a need? Give examples of needs.

• A need is something you have to have to survive.

Clothes, shelter, air, food, and water are all
needs.
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What are wants? Give examples of wants.

• Wants are things you do not need to survive.
  They are things you would like to have, but do
  not have to have in order to survive.

Cameras, books, lamps, computers, and mirrors are
all wants.
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A worker earns ______ to take care of needs and
wants.

• money

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The money a worker earns is called a ___________
or ___________.

• salary or paycheck

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A worker needs certain _________ to do a job well.

• skills

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In order to learn needed skills, workers can go
to _______ or be trained on the ________.

• school, job

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Great job!