Texas TEKS 1.8

1.8 is a TEKS knowledge and skills statement. These are the student expectations under it.

• 1.8.A

  identify examples of people wanting more than they can have

• 1.8.B

  explain why wanting more than they can have requires that people make choices

• 1.8.C

  identify examples of choices families make when buying goods and services.

01

What Students Need to Do

Students recognize when people want more items or help than their money or resources allow. They explain why limits require choices. They give examples of family spending decisions.

02

What Mastery Looks Like

Given several options and a fixed number of tokens, a student selects what to buy and explains the choice. The student names what could not be purchased.

03

Common Misconceptions

Students may think wanting something means a family can buy it, or that money never runs out. They may confuse goods with services or ignore the option not chosen.

04

How to Assess It

Give students five pretend dollars and pictures of three items priced at $3 each. Ask them to choose one item and explain why they cannot buy all three.

1. 01

   Give pairs five tokens and a classroom store menu, then have them choose purchases and name what they cannot buy.

2. 02

   Ask students to draw two things a family might want, circle one purchase, and explain why the family chose it.

3. 03

   Play Pick One with two picture cards, letting students choose one and state what they gave up.

4. 04

   Use a grocery ad to plan a family snack under $8, choosing goods and explaining why some items stay off the list.

• K.5

  Economics. The student understands the difference between human needs and wants and how they are met. The student is expected to:

• 1.7

  Economics. The student understands the concepts of goods and services. The student is expected to:

• 2.7

  Economics. The student understands the roles of producers and consumers in the production of goods and services. The student is expected to:

• 1.6

  Economics. The student understands how families meet basic human needs. The student is expected to: