Q5 Classify each of the following as a need or a want by ticking the correct box. Item
Need
A loaf of bread A pair of designer runners A warm coat for the winter Tickets to a concert Schoolbooks A games console Prescription medicine A takeaway pizza
Q6 Jack has €20 to spend in the airport to go on holidays to Spain. He buys suncream and a magazine for the flight.
Identify which purchase is a need and which is a want, and use the examples to explain the difference between a need and a want.
Need: Want: Difference:
Want
Q7 Create your own list of needs and wants, and then test a classmate to see if they can get the answers correct.
Item Need Want
3
STRAND 1 CHAPTER 1: Reviewing your personal resources