The economy of a community depends on the production,
distribution, and consumption of goods and services.
People are important to a community's economy.
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How do people choose the products and services they want?
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Essential Understandings:
People choose the products and services they will buy based on both need and want. |
General Knowledge
The price of a product or service is important to many consumers when deciding whether to buy it.
Businesses use advertisements to try to persuade consumers to buy a product or service. |
| Tacoma Knowledge/Skills |
Student Outcomes
Recognize what influences them to buy goods.
Understand the role of advertisements.
Explain the difference between needs and wants. |
LC - Chapter 7 – Meeting Needs and Wants
Use newspaper advertisements to compare prices.
- List 5 – 10 common items. Go to different stores to compare the prices of the items.
- Use newspapers, magazines, and television.
Determine how businesses use advertising to get people to buy products.
Discuss the various techniques advertisers use.