Texas TEKS K.5

Social StudiesKindergartenEconomics

TEKS Knowledge Statement (Expectation Cluster)

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

Texas Essential Knowledge and Skills for Social Studies

Cluster contents

Student Expectations in This Statement

K.5 is a TEKS knowledge and skills statement. These are the student expectations under it.

Teacher's field guide

What This Cluster Means

What Students Need to Do

Students sort everyday items into needs and wants. They explain how people get these items by buying, growing, making, sharing, or receiving them.

What Mastery Looks Like

A student correctly identifies food, clothing, and shelter as needs. The student explains why a toy is a want and names a realistic way people obtain each item.

Common Misconceptions

Students may call anything they strongly like a need, including toys or candy. They may think money is a basic need or that wants are always useless.

How to Assess It

Show pictures of a coat, house, apple, and toy. Ask students to label each need or want and explain how a family could get one item.

Lesson moves

Ways to Teach It

  1. Give pairs picture cards of food, clothing, homes, toys, and treats to sort onto labeled need and want mats.

  2. Ask, “What would a family need during a cold night, and what might they want?” Record answers with reasons.

  3. Play Four Corners with signs for buy, grow, make, and receive, then name items for students to match with a method.

  4. Use a grocery store flyer to circle needed foods and choose one wanted treat while staying within a pretend budget.

Keep exploring

Related Standards

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