 Hi, today I'm going to talk about an economics lesson I do with my kindergarten and pre-K students Entitled needs versus wants. The first thing we do is talk about what a need is. A need is something you need to live. A want is something you'd like to have, but you don't need it to survive. Then we go ahead and we're going to create a graphic organizer or a t-chart to organize our ideas about our needs and our wants. So I went ahead and I created one here for you. This is a basic t-chart and it's just organizing your ideas. So our needs are on one side and our ones are on the other. And so we just have a conversation, have the kids talk about things that they may have in their homes. What is a need and what is a want? So if they have water, that is definitely a need. You need water to survive. We're going to put it on the side that says needs. If somebody says, oh, I have a bike, well is a bike a need or is it a want? Do you need a bike to survive or can you maybe walk? So that might turn it into a want and what you're listening for too is the discussions that students are having with each other because they really will converse with each other about, no, no, no. That's not a need because you can walk or you can get the train or your mom can take you. So we're trying to again develop some oral language with the students. And so after we make our needs versus wants t-chart, we'll talk about some needs and wants for them to organize on their own paper. So you can ask them, for example, for an assessment, you can say, I want you to draw me a picture of two needs and then I want you to draw me a picture of two wants. And then you can have them share those needs and wants with their classmates. And that way you'll get a good idea if they've mastered that concept of need versus wants. Thanks.