The Berenstain Bears Get the Gimmies is an engaging story to use to discuss wants and needs. The basic economic concept is that we have unlimited wants but resources are scarce. Therefore, we have to make decisions. There are health wants (needs) and other wants. You can read the book, or watch the first 11 minutes of the video below to see how the Berenstain Bears solve the problem when the cubs get the gimmies.
Before Reading: Ask students to look at the cover and predict what the story will be about. Ask: What are the gimmies? During Reading: Ask students to find places where the cubs get the gimmies and what they learn about making good choices!
After Reading: Use the informational text, and lesson What can I buy? After reading, ask: What advice would you give to Brother and Sister Bear after reading?
Extension: Use the Federal Reserve lesson plan to further explore economic concepts of scarcity, opportunity cost, goods, alternatives, and choice.
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AuthorDeborah Kozdras, Ph.D. Archives
February 2022
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