JC Business :Unit of Learning 1 - Resources by LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj en-us 2023-08-22 13:57:42 UTC 2025-07-30 22:40:29 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/1041335892/520417cb1614b037913ec6e278ee6d16/Blue_Colorful_Retro_Playful_About_Me_Introduction_Instagram_Post_1.png 2.Key Concepts & Keywords: LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668833930 1. Personal Resources
2. Needs & Wants
3. Scarcity & Choice]]> 2023-08-22 14:04:05 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668833930 1. Learning Outcomes: LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668851832 Students should be able to: 
1.1 Review the personal resources available to them to realise their needs and wants and analyse the extent to which realising their needs and wants may impact on individuals and society.
1.3 Construct a personal financial lifecycle to identify financial needs at different life stages.
3.1 Explain how scarcity of economic resources results in individuals having to make choices; predict possible consequences of these choices.]]> 2023-08-22 14:18:34 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668851832 4. Keywords -Personal Resources LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668853066 Personal Resources
Human Resources
Financial Resources
Physical Resources
Natural Resources
Opportunity Cost
Financial Cost
Impulse Buying
Asset
Environmental sustainability
Society
Need
Want
Rational Behaviour
Irrational Behaviour
Limited Resources]]> 2023-08-22 14:19:39 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668853066 5. Key Skills LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668855188 1. Being creative
Creating poster on 'wants

2. Being literate
Developing understanding of key words.
Bingo
Hangman
Anagram

3. Communicating
Class Discussion
Walking Debate
Using Digital Technology

4. Managing information and thinking
Travelling Bucketlist -choosing between alternatives


5. Working with others
Think, Pair Share
Groupwork - Needs/Wants at different stages of the personal financial lifecycle

6. Being numerate
Comparing costs of travel bucket list.
Researching cost of choosen Holiday destination.]]> 2023-08-22 14:21:18 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668855188 2023 LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884009 2023-08-22 14:45:07 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884009 2019 LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884403 2023-08-22 14:45:29 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884403 2019- Sample Question LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884853 2023-08-22 14:45:56 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668884853 2019 - Sample Question LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668885973 2023-08-22 14:46:34 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668885973 1: Video Needs & Wants LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668903063 Student Activity:
1. Explain with a drawing the difference between a need and a want.​ 

]]> 2023-08-22 15:01:22 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668903063 2: Create a poster on your 'wants' LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668908420 Poster can be:
1. Created on Canva
2. Drawn
3. Picture Collage

Develop Success Criteria for Poster in advance with class:
For example:
a) It must colourful.
b) It must be neat and legible.

Compare the different 'wants' that each individual has. 
Questions/Discussion:
What influences these 'wants'? 
Do this 'wants' change over time?
If you don't currently have money for these wants. What are the options?

]]> 2023-08-22 15:06:43 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668908420 3. Kahoot - Needs & Wants LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668918997 2023-08-22 15:16:16 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668918997 1. Opportunity Cost Video LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668925974 2023-08-22 15:21:40 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668925974 2. a) Impact of Choices on Environment LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668931476 1.Use picture as a stimulus and students complete: Think, See, Wonder (Template below)
2. Class Discussion : On impact of their choices on the environment.
3. Think, Pair, Share- What action could a student take to be more environmentally responsible]]> 2023-08-22 15:25:24 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2668931476 4. Needs V Wants (Stages in Life) Groupwork Template LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669212058 2023-08-22 20:15:29 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669212058 3. Opportunity Cost - Storyboard example LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669212869 2023-08-22 20:16:42 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669212869 3. Personal Resources Scrabble LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669213054 2023-08-22 20:17:00 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669213054 5.Homework Choice board LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669214192 2023-08-22 20:18:52 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669214192 5. Edpuzzle - CCPC- Needs V Wants: Tasks integrated LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669225102 2023-08-22 20:35:08 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669225102 3. Learning Intentions LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669231573 By the end of this topic students should be able to do the following
1. Define what a 'resource' is.
2. Explain the main types of resources.
3. Explain the difference between needs and wants using examples.
4. Describe  how needs and wants may change over time (personal financial life-cycle).
5. Explain, using examples, the key terms opportunity cost and financial cost.]]> 2023-08-22 20:43:47 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669231573 2. Personal Resources :Bingo Virtual Link LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669255865 2023-08-22 21:25:01 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669255865 6.Personal Resources :Hangman LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669255936 2023-08-22 21:25:11 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669255936 10: Personal Resources Wordsearch LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669256050 2023-08-22 21:25:28 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669256050 8. Personal Resources: Tarzia LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669258266 2023-08-22 21:30:18 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2669258266 7. Personal Resources: Anagram LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673667409 2023-08-26 09:12:28 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673667409 3. Personal Resources: Bingo Cards pdf LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673670385 2023-08-26 09:23:10 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673670385 1.Personal Resources: Bingo Wheel LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673684040 2023-08-26 10:16:30 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673684040 9. Personal Resources: Walking Debate LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673685908 Statements:

1.Our needs and wants are influenced by the society we live in. 
2. The planet can’t sustain everyone in the world fulfilling all of our wants. 
3.My consumer actions make a difference. 
4. A mobile phone could be classified as a need.
5. Emotional factors can affect needs and wants.
6.A want can become a need
7. Time is a limited resource. I spend my time wisely]]> 2023-08-26 10:26:05 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673685908 2. b) See, Think, Wonder LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673689701 2023-08-26 10:42:15 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673689701 1.Canva LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673734591 2023-08-26 13:22:51 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673734591 2. Animoto LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673734887 2023-08-26 13:23:48 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673734887 4. Powtoon LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673735509 2023-08-26 13:25:22 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673735509 3. Mentimeter LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673735863 2023-08-26 13:26:28 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673735863 6. Money Matters CCPC- Needs & Wants Case Study LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673746265 2023-08-26 13:51:42 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673746265 7: Money Matters CCPC - Giant Steps Game LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673746933 2023-08-26 13:53:21 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673746933 8. Needs V Wants- Money Matters LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673747835
  • What is your definition of a need and a want (these are available in the summary document below)?
  • Does Rachel spend her money on needs or wants?
  • What are some of the consequences of spending your money rather than saving it?
  • What are some of the choices Rachel had to make and why did she make them?
  • If you were in Rachel’s position would you do the same? Why/why not and explain?
  • Was there any ‘opportunity cost’ for Rachel, did she miss out on buying something because of the choices she made?
    •  

    ]]>     2023-08-26 13:55:57 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673747835     4. Resources, Needs & wants LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673748315 2023-08-26 13:57:20 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673748315 9.Needs & Wants - Venn Diagram LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673759556 2023-08-26 14:26:36 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673759556 5. Word cloud Generator LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673761148 2023-08-26 14:30:10 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673761148 6. Wellbeing Indicators LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673762509 2023-08-26 14:35:00 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673762509 4.Business Word Wheel Challenge - editable LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673777442 2023-08-26 15:15:44 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673777442 1.Managing money LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673782669 2.5. Recognise the difference between using money to buy essential items and luxury items]]> 2023-08-26 15:30:55 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673782669 10. PERSONAL FINANCIAL LIFECYCLE LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673814072 2023-08-26 17:07:23 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673814072 MS Forms Quiz - self correcting (link to duplicate) LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673839181 2023-08-26 18:42:35 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673839181 11. Personal Resources - Noughts & Crosses LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673840103 2023-08-26 18:46:45 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673840103 1.Personal Resource - Jigsaw LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673879830 Each student to to fill in  their own personal resources  (on each jigsaw piece ) that they use to meet their needs or help them achieve their own goals. ]]> 2023-08-26 21:29:08 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673879830 11. Needs and Wants - Classification LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673888901 2023-08-26 22:16:54 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2673888901 2.Word Wall - Essential Items V Luxury Items LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674107886 2023-08-27 12:51:45 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674107886 4. Travel Bucket list - Opportunity Cost LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674125694 2023-08-27 13:33:25 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674125694 2. Personal Resources - Rhasidat Adeleke LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674128655 2023-08-27 13:39:58 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674128655 5: Break-time Choices LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674130405 2023-08-27 13:43:33 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674130405 12. End of lesson task LCBusinessJC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674131367 2023-08-27 13:46:17 UTC https://padlet.com/LCBusinessJC/rhbg6c92wpxj6opj/wish/2674131367