The economy: needs and wants grade:7

Basic needs of individuals, families , communities and countries; Primary and secondary needs ; Unlimited wants, Limited resources to satisfy needs and wantsThe economy: Needs and WantsGrade:7 term ;1This is a reproduction of slide share slides.Whats the difference?By Mrs. Elenbaas

Wants and Needs

Here are the Stories!Dont Let the Pigeon Drive the Bus!Don't Let the Pigeon Drive the Bus! By Mo Willems

Cuyahoga Valley Career Center [cvccmediatech]. Dont Let the Pigeon Drive the Buss. Retrieved from http://youtu.be/rWEekO4ufwM

The Pigeon Finds a Hot Dog!The Pigeon Finds a Hot Dog By Mo Willems

TheCupWithTea. (2011, Nov. 30). The Pigeon Finds a Hot Dog. Retrieved from http://youtu.be/fdU6FF7Nxf8

Dont Let the Pigeon Stay Up Late!Don't Let the Pigeon Stay Up Late By Mo Willems

Sara McVey. (2009, Dec. 10). DontLetThePigeonStayUpLate.m4v. Retrieved from http://youtu.be/feX2RVJybJY

The Pigeon Wants a Puppy!The Pigeon Wants a Puppy By Mo Willems

Cuyahoga Valley Career Center [cvccmediatech]. The Pigeon Wants a Puppy. Retrieved from http://youtu.be/U6nVD0QcEwI

What is a need?According to Oxford Dictionaries online, a need is defined as:

to require (something) because it is essential or very important rather than just desirable

http://www.oxforddictionaries.com/us/definition/american_english/need?q=needSo what are the pigeons needs?

All clip art retrieved from Microsoft OfficeAir motorcycle food water candy a nestWhat is a want?According to Oxford Dictionaries online, a want is defined as:

have a desire to possess or do (something); wish forhttp://www.oxforddictionaries.com/us/definition/american_english/want?q=wantSo what are the pigeons wants?

All clip art retrieved from Microsoft Office.Hot dogbikestay up late puppy drive a bus pizza Can you name some needs humans have?Can you name some wants humans have?What do You think?NeedsWantsWaterAir to breatheFoodA place to live (shelter)ClothesDoctor when neededToysCandyTo go to the moviesStay up lateA new bikeLots of money!By Hayley BrabsonWants and NeedsThe difference between a want and a needA want is something that is nice to have, but you really dont have to have it to live. Some examples of wants are: toys, candy, a car and a pet.A need is something you would die without. Some examples of needs are: food, water and shelter.

How to get wants and needsTo purchase wants and needs you must have money. This is why it is important to save money.When you have money it is most important to purchase your needs first. Then with the money left over you can purchase your wants.

The bankTo help us learn about wants and needs we will be making banks to keep on our desks. For good behavior, good grades, winning games and other positive actions you will receive a quarter.At the end of the week you will be able to trade your quarters in to purchase your needs. Then with the leftover money you can buy your wants.The purposeAt the end of this lesson I hope that you will be able to know how to save money and the difference between wants and needs.To help you do this we will play games and do different activities.

Needs and WantsMeanings of Needs and WantsNeeds:Things we cannot live without.Wants:Things that we can live without, but like to have.Needs:Goods and services which consumers need to survive. These include fresh water, clothing and food.Wants:Goods and Services which consumers can live without, but would like to have.A Need:Is something thought to be a necessity or an essential item required for life e.g. food, water and shelter.A Want:Is something unnecessary but desired or an item which increase the quality of living.A Need:is something you have to have, something you can't do without. A good example is food. If you don't eat, you won't survive for long. Many people have gone days without eating, but they eventually ate a lot of food. You might not need a whole lot of food, but you do need to eat.A Want:is something you would like to have. It is not absolutely necessary, but it would be a good thing to have. A good example is music. Now, some people might argue that music is a need because they think they can't do without it. But you don't need music to survive. You do need to eat. One of the most basic concepts of economics is: want vs need.Maslows Hierarchy of Needs

Maslow's hierarchy of needs is a theory in psychology proposed by Abraham Maslow in his 1943 paper A Theory of Human Motivation.Maslows Hierarchy of NeedsPhysiological Needs:These are self-explanatory; they are the literal requirements for human survival. If these requirements are not met, the human body simply cannot continue to function.Breathing, Nutrition, Homeostasis, Human interaction.

Air, water, and food are metabolic requirements for survival in all animals, including humans.

Clothing and shelter provide necessary protection from the elements.

The intensity of the human instinct in maintaining a birth rate adequate to survival of the species.

Maslows Hierarchy of NeedsSafety Needs:With their physical needs relatively satisfied, the individual's safety needs take precedence and dominate behavior. These needs have to do with people's yearning for a predictable orderly world in which perceived unfairness and inconsistency are under control, the familiar frequent and the unfamiliar rare. In the world of work, these safety needs manifest themselves in such things as a preference for job security, grievance procedures for protecting the individual from unilateral authority, savings accounts, insurance policies, reasonable disability accommodations, and the like.

Safety and Security needs include:Personal security Financial security Health and well-being Safety net against accidents/illness and their adverse impacts.

Maslows Hierarchy of NeedsBelongingness and love needs:After physiological and safety needs are fulfilled, the third layer of human needs are social and involve feelings of belongingness. This aspect of Maslow's hierarchy involves emotionally based relationships in general, such as:

Friendship - Intimacy - Family

Humans need to feel a sense of belonging and acceptance, whether it comes from a large social group, such as clubs, office culture, religious groups, professional organizations, sports teams, gangs, or small social connections (family members, intimate partners, mentors, close colleagues, confidants). They need to love and be loved.In the absence of these elements, many people become susceptible to loneliness, social anxiety, and clinical depression. This need for belonging can often overcome the physiological and security needs, depending on the strength of the peer pressure; an anorexic, for example, may ignore the need to eat and the security of health for a feeling of control and belonging.

Maslows Hierarchy of NeedsEsteem Needs:All humans have a need to be respected and to have self-esteem and self-respect. Also known as the belonging need, esteem presents the normal human desire to be accepted and valued by others. People need to engage themselves to gain recognition and have an activity or activities that give the person a sense of contribution, to feel accepted and self-valued, be it in a profession or hobby.

Most people have a need for a stable self-respect and self-esteem. Maslow noted two versions of esteem needs, a lower one and a higher one. The lower one is the need for the respect of others, the need for status, recognition, fame, prestige, and attention. The higher one is the need for self-respect, the need for strength, competence, mastery, self-confidence, independence and freedom. The latter one ranks higher because it rests more on inner competence won through experience. Deprivation of these needs can lead to an inferiority complex, weakness and helplessness.

Maslows Hierarchy of NeedsSelf-actualization:What a man can be, he must be. This forms the basis of the perceived need for self-actualization. This level of need pertains to what a person's full potential is and realizing that potential. Maslow describes this desire as the desire to become more and more what one is, to become everything that one is capable of becoming. This is a broad definition of the need for self-actualization, but when applied to individuals the need is specific. For example one individual may have the strong desire to become an ideal parent.

Needs and/or Wants?

Assembled byA. BallasNeeds or Wants?but I want it!IntroductionWe all have many wants and needs, but we lack the resources to fulfill them all.

How we allocate our resources, or choose what to do, is Economics in practice!Want or Need ?What we want and what we need, are two very different things. Wants can be anything that we, well, want. Needs are required, or needed, for our survival.

We balance these against our available resources to make our choices.

WantExamples include:CarsJewelryReal EstateAnything and Everything!

NeedExamples Include:Food and WaterShelterAirPersonal Contact

ResourcesExamples Include:MoneyTimeSkillsAnything that you Possess

Close this presentation and go back to the course to complete activities based on this information.Needs and Wants37Some things we need to live. Those things are called needs.

What are some things you need?

38Needs

Here are some things you need. CoatFoodShelterHat and Mittens39WantsSometimes we would like to have things even though we dont need them. We call these things wants.

We cannot always have all of our wants. 40Wants

Here are some things you may want.

BikeTVToys41Needs and WantsContent (learn about)

needs and wantsdifference between needs and wants

classifications of needsprimary, secondaryphysical, social, emotional, cultural, spiritual (PECSS)Maslows hierarchy

satisfying needs and wants

Skills (learn to)

compare the effectiveness of Maslows heirachy with other classifications listed

NeedsNeeds are basic requirements of life; things necessary for survival.

Eg food, shelter, clothing, love, water.WantsWants are things that are desirable but not necessary in order to survive. Eg DVD player, mobile phones, ice cream, brand name clothes

Primary and Secondary Needs

Primary needs are biological or physical needs that are essential to life. Eg food, water, clothing and shelter.Secondary needs are wants or acquired needs they are more likely desires. Eg safety, love, respect, creativity

Classifications (PECSS)PhysicalPhysical needs for normal growth development and good health include: adequate sleep, regular health care, safety and protection.Also special treatment and help for disabilities.Includes requirements of air, water and sunshine.Spiritual Moral or religious needsDevelopment of conscience, understanding the difference between wrong and right, beliefs, attitudesEmotionalIncludes a stable environment, independence, love, affection, security within family and social groupsCulturalDevelopment of customs, beliefs, values and traditions within the family unit.Development of roles and responsibilities.

SocialInteraction, socialisation, companionship and friendship can be fostered.A sense of belonging from family and other groups.Eg. Leisure, recreation and relaxation.

Using the information provided, create a mind map that shows the links between each of these classifications and needs / want and well-being.MASLOWS HIERARCHY OF NEEDSDeveloped in 1954 by Abraham MaslowHierarchy ranks needs in order of importanceNot everything in the hierarchy is necessary for survivalNeeds at the bottom need to be met first

There are 5 levels of Maslows Hierarchy -Physiological: food water and shelter-Safety: feelings of personal security-Love: social and belonging-Esteem: our self-Self actualization: happy and fulfilled with everything

Read page 12 13 of CAFS text book Task - Explain the term self-actualisation. Use scaffold provided to help plot your response.