Goods or services that take a lot of resources will cost more. Your teacher will cut out items advertised in today's newspaper, write their prices on the backs of the items and drop them into a box. Working in groups, try to guess the price of a product when it is drawn from the box. The group which guesses closest to the actual price receives the product. All the groups compete to try to collect the most.
People make poor choices because of a lack of information.
Find a display ad in today's newspaper. Glue the ad on a sheet of paper. Under the ad, write the information that you would need to know about the product or service before you decided to buy it or not. Pretend your family has decided to buy a pet. Examine the classified ads for pets in today s newspaper.