Needs Vs. Wants

The student reads information about the concept of needs and wants related to building a personal budget. In an interactive activity, the student identifies general purchases as "needs" or "wants" and lists the needs and wants in his/her own life.

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04.08.02

Last Updated 06.10.15
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This was a great interactive process for this marketing class. It helps in self-identyfing true wants and need.

Posted by Anna Williams on 5/23/2009 12:00:00 AM Reply

As a suggestion for the sorting activity...cellphones are a lot of people's only way to stay in touch with family, friends, employers, etc. Perhaps at least update the activity to allow the cellphone to be placed as a need, given that nowadays, constant contact with your employer, coworkers, family, and friends is expected and one is seen as deficient without one.

Posted by Nicholas Dennison on 2/23/2015 1:59:26 PM Reply

Good idea Nicholas. We are in the process of updating many of these learning objects. I will forward your suggestion to our developers.

Posted by Tom Thiel on 2/24/2015 8:40:30 AM Reply