31049715562-1-192

May 17, 2026 02:54 · 42:39 · English · Whisper Turbo · 2 Talare
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0:10
S… Speaker 2 (31049715562-1-192)
Hello, everyone.
0:11
S… Speaker 1 (31049715562-1-192)
Welcome back to American Textbook Reading.
0:14
S… Speaker 1 (31049715562-1-192)
We're on Lesson 10 right now.
0:16
S… Speaker 1 (31049715562-1-192)
We're talking about needs and wants.
0:18
S… Speaker 2 (31049715562-1-192)
In this unit,
0:19
S… Speaker 1 (31049715562-1-192)
you will discover what needs and wants are.
0:24
S… Speaker 1 (31049715562-1-192)
So think about that,
0:25
S… Speaker 1 (31049715562-1-192)
needs and wants.
0:26
S… Speaker 1 (31049715562-1-192)
What are they exactly?
0:28
S… Speaker 1 (31049715562-1-192)
In this picture,
0:29
S… Speaker 1 (31049715562-1-192)
can you get an idea of what we're talking about?
0:33
S… Speaker 1 (31049715562-1-192)
When we say needs and wants,
0:35
S… Speaker 1 (31049715562-1-192)
let's just look at this very quickly as a warm -up.
0:37
S… Speaker 2 (31049715562-1-192)
First of all,
0:38
S… Speaker 1 (31049715562-1-192)
we have a bottle of water here,
0:40
S… Speaker 1 (31049715562-1-192)
and we have a cute toy here,
0:43
S… Speaker 1 (31049715562-1-192)
right? He's pretty cute,
0:44
S… Speaker 1 (31049715562-1-192)
isn't he?
0:44
S… Speaker 1 (31049715562-1-192)
Big eyes,
0:45
S… Speaker 1 (31049715562-1-192)
and he's just kind of funny looking.
0:47
S… Speaker 1 (31049715562-1-192)
He's a little hippo,
0:48
S… Speaker 1 (31049715562-1-192)
a hippo toy.
0:49
S… Speaker 1 (31049715562-1-192)
So which one do you think that you need?
0:53
S… Speaker 2 (31049715562-1-192)
Which one do you really need in your life?
0:56
S… Speaker 2 (31049715562-1-192)
Do you need the toy?
0:57
S… Speaker 1 (31049715562-1-192)
Do you absolutely need it?
0:59
S… Speaker 2 (31049715562-1-192)
Probably not.
1:00
S… Speaker 1 (31049715562-1-192)
Your life would be okay if you don't have this toy.
1:04
S… Speaker 1 (31049715562-1-192)
But do you need water?
1:07
S… Speaker 1 (31049715562-1-192)
Absolutely.
1:08
S… Speaker 1 (31049715562-1-192)
We all need to drink water.
1:10
S… Speaker 1 (31049715562-1-192)
It's something we need.
1:11
S… Speaker 1 (31049715562-1-192)
The toy might be something we want.
1:14
S… Speaker 1 (31049715562-1-192)
Some people might want it.
1:16
S… Speaker 1 (31049715562-1-192)
Other people might not want it.
1:18
S… Speaker 1 (31049715562-1-192)
So when we talk about needs and wants,
1:21
S… Speaker 1 (31049715562-1-192)
we're going to be talking about this type of idea.
1:24
S… Speaker 1 (31049715562-1-192)
We're also going to be talking about how people get those
1:29
S… Speaker 1 (31049715562-1-192)
needs and wants.
1:30
S… Speaker 1 (31049715562-1-192)
Let's take a look.
1:32
S… Speaker 2 (31049715562-1-192)
First of all,
1:33
S… Speaker 1 (31049715562-1-192)
like I said before,
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S… Speaker 1 (31049715562-1-192)
needs.
1:34
S… Speaker 1 (31049715562-1-192)
We looked at the bottle of water just before.
1:37
S… Speaker 2 (31049715562-1-192)
We said that people need water.
1:39
S… Speaker 1 (31049715562-1-192)
You need water to live.
1:41
S… Speaker 1 (31049715562-1-192)
A need is things that you must have
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S… Speaker 1 (31049715562-1-192)
to live.
1:46
S… Speaker 1 (31049715562-1-192)
Those are your needs.
1:48
S… Speaker 2 (31049715562-1-192)
By the way,
1:49
S… Speaker 2 (31049715562-1-192)
needs can be singular,
1:51
S… Speaker 2 (31049715562-1-192)
a need,
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S… Speaker 1 (31049715562-1-192)
or they can be plural.
1:55
S… Speaker 1 (31049715562-1-192)
What are your needs?
1:56
S… Speaker 1 (31049715562-1-192)
It is a need or they are needs.
2:02
S… Speaker 1 (31049715562-1-192)
So some things that we need every day,
2:04
S… Speaker 2 (31049715562-1-192)
we need water,
2:05
S… Speaker 2 (31049715562-1-192)
we have to drink.
2:06
S… Speaker 2 (31049715562-1-192)
If we don't drink,
2:07
S… Speaker 2 (31049715562-1-192)
we die,
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S… Speaker 1 (31049715562-1-192)
right?
2:08
S… Speaker 2 (31049715562-1-192)
Food,
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S… Speaker 2 (31049715562-1-192)
we need to eat food.
2:11
S… Speaker 2 (31049715562-1-192)
If we don't eat food,
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S… Speaker 1 (31049715562-1-192)
we can't survive.
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S… Speaker 1 (31049715562-1-192)
So we need these things.
2:17
S… Speaker 2 (31049715562-1-192)
We need a house,
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S… Speaker 1 (31049715562-1-192)
too, really.
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S… Speaker 1 (31049715562-1-192)
There's many kinds of houses,
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S… Speaker 1 (31049715562-1-192)
but we really do need a place to live.
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S… Speaker 1 (31049715562-1-192)
If we don't have one,
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S… Speaker 1 (31049715562-1-192)
our lives are very,
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S… Speaker 1 (31049715562-1-192)
very poor and not very nice.
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S… Speaker 1 (31049715562-1-192)
So we do need these types of things,
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S… Speaker 1 (31049715562-1-192)
things that we must have to live,
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S… Speaker 2 (31049715562-1-192)
to live a good life,
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S… Speaker 1 (31049715562-1-192)
too.
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S… Speaker 1 (31049715562-1-192)
Again,
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S… Speaker 1 (31049715562-1-192)
we can use plural or singular.
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S… Speaker 1 (31049715562-1-192)
It is a want or they are wants.
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S… Speaker 1 (31049715562-1-192)
Wants are things that you don't need.
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S… Speaker 1 (31049715562-1-192)
You don't need these things.
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S… Speaker 1 (31049715562-1-192)
You don't need.
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S… Speaker 1 (31049715562-1-192)
But wish to have.
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S… Speaker 1 (31049715562-1-192)
Wish,
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S… Speaker 1 (31049715562-1-192)
of course,
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S… Speaker 1 (31049715562-1-192)
means want.
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S… Speaker 1 (31049715562-1-192)
You want it.
2:59
S… Speaker 1 (31049715562-1-192)
You wish you had it.
3:03
S… Speaker 1 (31049715562-1-192)
This boy is playing with a toy helicopter.
3:06
S… Speaker 1 (31049715562-1-192)
He's in the store.
3:07
S… Speaker 1 (31049715562-1-192)
He probably says to mom,
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S… Speaker 1 (31049715562-1-192)
Mommy,
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S… Speaker 1 (31049715562-1-192)
please buy me this helicopter.
3:13
S… Speaker 1 (31049715562-1-192)
He doesn't need it,
3:15
S… Speaker 1 (31049715562-1-192)
but he wants it.
3:16
S… Speaker 1 (31049715562-1-192)
So needs and wants,
3:18
S… Speaker 1 (31049715562-1-192)
they're different things.
3:20
S… Speaker 1 (31049715562-1-192)
Needs,
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S… Speaker 1 (31049715562-1-192)
you must have them.
3:22
S… Speaker 1 (31049715562-1-192)
Wants are things you just wish that you had.
3:25
S… Speaker 1 (31049715562-1-192)
Okay,
3:26
S… Speaker 1 (31049715562-1-192)
so when we talk about needs and wants,
3:28
S… Speaker 1 (31049715562-1-192)
we can also talk about this word,
3:31
S… Speaker 1 (31049715562-1-192)
scarcity.
3:32
S… Speaker 1 (31049715562-1-192)
There is a scarcity of something.
3:36
S… Speaker 1 (31049715562-1-192)
Scarcity means not enough.
3:39
S… Speaker 1 (31049715562-1-192)
Not enough of something.
3:41
S… Speaker 1 (31049715562-1-192)
Look at this picture.
3:43
S… Speaker 1 (31049715562-1-192)
Imagine many people are coming to dinner.
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S… Speaker 1 (31049715562-1-192)
One,
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S… Speaker 1 (31049715562-1-192)
two, three,
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S… Speaker 2 (31049715562-1-192)
four, five,
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S… Speaker 1 (31049715562-1-192)
six.
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S… Speaker 1 (31049715562-1-192)
Six people want to eat dinner.
3:52
S… Speaker 1 (31049715562-1-192)
They only have...
3:54
S… Speaker 1 (31049715562-1-192)
One small tomato.
3:56
S… Speaker 1 (31049715562-1-192)
That's not enough.
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S… Speaker 1 (31049715562-1-192)
There's a scarcity of food.
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S… Speaker 1 (31049715562-1-192)
A scarcity of food.
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S… Speaker 1 (31049715562-1-192)
So scarcity is a noun,
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S… Speaker 1 (31049715562-1-192)
but we can also use it as an adjective,
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S… Speaker 1 (31049715562-1-192)
scarce.
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S… Speaker 1 (31049715562-1-192)
Scarce.
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S… Speaker 1 (31049715562-1-192)
Scarce means there's not enough.
4:13
S… Speaker 1 (31049715562-1-192)
As an adjective,
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S… Speaker 1 (31049715562-1-192)
a scarce amount of something.
4:17
S… Speaker 1 (31049715562-1-192)
So scarcity means not enough of something.
4:21
S… Speaker 1 (31049715562-1-192)
Okay, and of course when we talk about needs and wants,
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S… Speaker 1 (31049715562-1-192)
we think about how to get those things,
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S… Speaker 1 (31049715562-1-192)
especially how do we get those wants.
4:30
S… Speaker 2 (31049715562-1-192)
Well,
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S… Speaker 1 (31049715562-1-192)
we're talking about money,
4:32
S… Speaker 2 (31049715562-1-192)
money, money,
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S… Speaker 2 (31049715562-1-192)
money, right?
4:34
S… Speaker 1 (31049715562-1-192)
Money is something.
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S… Speaker 1 (31049715562-1-192)
that people use as a means of exchange.
4:42
S… Speaker 1 (31049715562-1-192)
Exchange means to change,
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S… Speaker 1 (31049715562-1-192)
right?
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S… Speaker 1 (31049715562-1-192)
I have something,
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S… Speaker 1 (31049715562-1-192)
I exchange it for another thing.
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S… Speaker 1 (31049715562-1-192)
In this case,
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S… Speaker 1 (31049715562-1-192)
most often,
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S… Speaker 1 (31049715562-1-192)
people use money as the means of exchange.
4:54
S… Speaker 2 (31049715562-1-192)
I use money,
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S… Speaker 2 (31049715562-1-192)
I give money,
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S… Speaker 1 (31049715562-1-192)
and I get something in return.
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S… Speaker 1 (31049715562-1-192)
So I give money.
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S… Speaker 1 (31049715562-1-192)
and I get something in return.
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S… Speaker 1 (31049715562-1-192)
It's a means of exchange.
5:05
S… Speaker 1 (31049715562-1-192)
And of course,
5:06
S… Speaker 1 (31049715562-1-192)
money is so important in today's world,
5:09
S… Speaker 1 (31049715562-1-192)
right? It's how we get what we need and what we want.
5:13
S… Speaker 1 (31049715562-1-192)
And there's two types of money,
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S… Speaker 1 (31049715562-1-192)
especially you can see in this picture.
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S… Speaker 1 (31049715562-1-192)
We see paper money and we see coins.
5:19
S… Speaker 1 (31049715562-1-192)
Let's talk about that.
5:20
S… Speaker 1 (31049715562-1-192)
The first type I said is paper money.
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S… Speaker 1 (31049715562-1-192)
We call paper money
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S… Speaker 1 (31049715562-1-192)
bills so bills how many hundred dollar
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S… Speaker 1 (31049715562-1-192)
bills do you have this is $100 you can see here 100
5:35
S… Speaker 1 (31049715562-1-192)
that's a lot of money that's like Shipman one right that's a
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S… Speaker 1 (31049715562-1-192)
lot of money $100 so if you're talking about the
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S… Speaker 1 (31049715562-1-192)
individual notes by the way these are also called notes bill
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S… Speaker 1 (31049715562-1-192)
or note
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S… Speaker 1 (31049715562-1-192)
If we talk about the individual ones,
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S… Speaker 1 (31049715562-1-192)
we can say,
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S… Speaker 1 (31049715562-1-192)
how many $100 bills do you have?
5:58
S… Speaker 1 (31049715562-1-192)
How many $100 bills?
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S… Speaker 1 (31049715562-1-192)
do you have?
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S… Speaker 1 (31049715562-1-192)
I have three $100 bills.
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S… Speaker 1 (31049715562-1-192)
I don't.
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S… Speaker 2 (31049715562-1-192)
I wish.
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S… Speaker 2 (31049715562-1-192)
Right?
6:11
S… Speaker 2 (31049715562-1-192)
I want.
6:12
S… Speaker 1 (31049715562-1-192)
But $100 bills,
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S… Speaker 1 (31049715562-1-192)
how many bills do you have?
6:16
S… Speaker 1 (31049715562-1-192)
I have a $20 bill,
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S… Speaker 1 (31049715562-1-192)
a $50 bill,
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S… Speaker 1 (31049715562-1-192)
and a $100 bill.
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S… Speaker 1 (31049715562-1-192)
That means I have $170 in three
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S… Speaker 1 (31049715562-1-192)
bills or three notes.
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S… Speaker 1 (31049715562-1-192)
Usually we call them bills,
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S… Speaker 1 (31049715562-1-192)
but we can also call them notes.
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S… Speaker 1 (31049715562-1-192)
And it is describing paper money,
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S… Speaker 1 (31049715562-1-192)
paper money.
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S… Speaker 1 (31049715562-1-192)
So obviously paper money is light.
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S… Speaker 1 (31049715562-1-192)
It's easy to carry.
6:42
S… Speaker 1 (31049715562-1-192)
And of course,
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S… Speaker 1 (31049715562-1-192)
when we're talking about a lot of money,
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S… Speaker 1 (31049715562-1-192)
it's much easier to carry large bills.
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S… Speaker 1 (31049715562-1-192)
than a lot of small bills.
6:51
S… Speaker 1 (31049715562-1-192)
So we can also say large bills.
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S… Speaker 1 (31049715562-1-192)
A $100 bill is a large bill.
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S… Speaker 1 (31049715562-1-192)
A $1 bill is a small bill.
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S… Speaker 1 (31049715562-1-192)
It's the same size,
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S… Speaker 1 (31049715562-1-192)
it's just different amount of money.
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S… Speaker 1 (31049715562-1-192)
So large bills,
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S… Speaker 1 (31049715562-1-192)
small bills.
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S… Speaker 1 (31049715562-1-192)
Same size as paper,
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S… Speaker 1 (31049715562-1-192)
but different amounts of money.
7:11
S… Speaker 1 (31049715562-1-192)
Those are bills.
7:12
S… Speaker 1 (31049715562-1-192)
What about coins,
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S… Speaker 1 (31049715562-1-192)
right?
7:15
S… Speaker 1 (31049715562-1-192)
Of course,
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S… Speaker 1 (31049715562-1-192)
you have coins too.
7:16
S… Speaker 1 (31049715562-1-192)
You probably have coins in your pocket,
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S… Speaker 1 (31049715562-1-192)
right?
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S… Speaker 1 (31049715562-1-192)
Coin is money that is made of metal.
7:23
S… Speaker 1 (31049715562-1-192)
So as you can see here,
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S… Speaker 1 (31049715562-1-192)
these are coins here,
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S… Speaker 1 (31049715562-1-192)
and sometimes they're a little bit heavy,
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S… Speaker 1 (31049715562-1-192)
right?
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S… Speaker 1 (31049715562-1-192)
So these coins,
7:32
S… Speaker 1 (31049715562-1-192)
they look like the British pound.
7:34
S… Speaker 1 (31049715562-1-192)
I'm not sure if they are,
7:35
S… Speaker 1 (31049715562-1-192)
but they're very thick and they would be quite heavy.
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S… Speaker 1 (31049715562-1-192)
If you had a lot of coins in your hand,
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S… Speaker 1 (31049715562-1-192)
that's a little bit heavy.
7:41
S… Speaker 1 (31049715562-1-192)
Obviously,
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S… Speaker 1 (31049715562-1-192)
it's very hard to carry around a lot of coins.
7:46
S… Speaker 1 (31049715562-1-192)
That's why paper money is more convenient.
7:49
S… Speaker 1 (31049715562-1-192)
But sometimes you buy small things or
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S… Speaker 1 (31049715562-1-192)
not everything.
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S… Speaker 1 (31049715562-1-192)
is exactly $1 or $2 or $10.
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S… Speaker 1 (31049715562-1-192)
Sometimes it's $8 .57.
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S… Speaker 1 (31049715562-1-192)
If you have $8 .57,
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S… Speaker 1 (31049715562-1-192)
you can pay $8 in paper money
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S… Speaker 1 (31049715562-1-192)
and you can pay $0 .57 in
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S… Speaker 1 (31049715562-1-192)
coins.
8:19
S… Speaker 1 (31049715562-1-192)
Or you can pay $9 in paper money and they will give you
8:24
S… Speaker 1 (31049715562-1-192)
change in coins.
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S… Speaker 1 (31049715562-1-192)
Coins is also called change.
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S… Speaker 1 (31049715562-1-192)
For example...
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S… Speaker 1 (31049715562-1-192)
If I'm at a vending machine,
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S… Speaker 1 (31049715562-1-192)
I want to buy some Coca -Cola or some soda drink.
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S… Speaker 1 (31049715562-1-192)
But I need some coins.
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S… Speaker 1 (31049715562-1-192)
So I might ask my friend,
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S… Speaker 1 (31049715562-1-192)
do you have any change?
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S… Speaker 1 (31049715562-1-192)
And he or she will give me coins so I can
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S… Speaker 1 (31049715562-1-192)
put it in the machine.
8:49
S… Speaker 1 (31049715562-1-192)
Do you have any change?
8:51
S… Speaker 1 (31049715562-1-192)
I'm talking about coins.
8:54
S… Speaker 1 (31049715562-1-192)
Okay,
8:55
S… Speaker 1 (31049715562-1-192)
now in America,
8:56
S… Speaker 1 (31049715562-1-192)
there are different types of coins.
8:58
S… Speaker 1 (31049715562-1-192)
We have different names for the different coins.
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S… Speaker 1 (31049715562-1-192)
And the different coins are different values.
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S… Speaker 1 (31049715562-1-192)
A quarter is worth 25 cents.
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S… Speaker 1 (31049715562-1-192)
And this is a good picture of an American quarter.
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S… Speaker 1 (31049715562-1-192)
A coin that is worth 25 cents.
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S… Speaker 1 (31049715562-1-192)
And it's interesting because quarter...
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S… Speaker 1 (31049715562-1-192)
If we just look at the word quarter,
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S… Speaker 1 (31049715562-1-192)
if we have one whole thing and we divide that
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S… Speaker 1 (31049715562-1-192)
thing into four equal parts,
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S… Speaker 1 (31049715562-1-192)
each part is called a quarter.
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S… Speaker 1 (31049715562-1-192)
A quarter is the same
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S… Speaker 1 (31049715562-1-192)
as one -fourth.
9:42
S… Speaker 1 (31049715562-1-192)
If you divide one thing into four parts,
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S… Speaker 1 (31049715562-1-192)
one -fourth a quarter.
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S… Speaker 1 (31049715562-1-192)
So if this is $1,
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S… Speaker 1 (31049715562-1-192)
you divide $1 into four parts,
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S… Speaker 1 (31049715562-1-192)
one -fourth of a dollar is a quarter.
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S… Speaker 1 (31049715562-1-192)
And that's why we say 25 cents is a quarter.
10:00
S… Speaker 1 (31049715562-1-192)
25,
10:00
S… Speaker 2 (31049715562-1-192)
whoops,
10:02
S… Speaker 1 (31049715562-1-192)
25 times 4 equals what?
10:06
S… Speaker 2 (31049715562-1-192)
You got it,
10:08
S… Speaker 1 (31049715562-1-192)
100.
10:09
S… Speaker 1 (31049715562-1-192)
So 25,
10:11
S… Speaker 1 (31049715562-1-192)
sorry about that,
10:12
S… Speaker 1 (31049715562-1-192)
25 is one -fourth
10:17
S… Speaker 2 (31049715562-1-192)
of a dollar.
10:18
S… Speaker 2 (31049715562-1-192)
Okay,
10:18
S… Speaker 1 (31049715562-1-192)
so that's why we call it a quarter.
10:20
S… Speaker 2 (31049715562-1-192)
Okay,
10:22
S… Speaker 1 (31049715562-1-192)
another coin in American currency is the penny.
10:25
S… Speaker 2 (31049715562-1-192)
By the way,
10:26
S… Speaker 1 (31049715562-1-192)
I just used an important word,
10:27
S… Speaker 1 (31049715562-1-192)
currency.
10:31
S… Speaker 1 (31049715562-1-192)
currency this is an important word to talk about money
10:35
S… Speaker 1 (31049715562-1-192)
currency means money it also means for example
10:39
S… Speaker 1 (31049715562-1-192)
a country's type of money so we can say American currency
10:44
S… Speaker 1 (31049715562-1-192)
Korean currency the penny is the smallest
10:50
S… Speaker 1 (31049715562-1-192)
coin in American currency.
10:53
S… Speaker 2 (31049715562-1-192)
It's the smallest.
10:54
S… Speaker 1 (31049715562-1-192)
You can't get any smaller coin in
10:58
S… Speaker 1 (31049715562-1-192)
American currency than the penny.
11:00
S… Speaker 2 (31049715562-1-192)
By the way,
11:00
S… Speaker 1 (31049715562-1-192)
currency also means bills and coins.
11:03
S… Speaker 1 (31049715562-1-192)
It means both.
11:05
S… Speaker 1 (31049715562-1-192)
So a penny is a coin that is worth one cent.
11:09
S… Speaker 1 (31049715562-1-192)
One cent!
11:10
S… Speaker 1 (31049715562-1-192)
That's hardly anything.
11:12
S… Speaker 1 (31049715562-1-192)
You can't hardly buy anything for one penny.
11:15
S… Speaker 1 (31049715562-1-192)
It's almost useless now.
11:18
S… Speaker 1 (31049715562-1-192)
You need 25 pennies to make one quarter.
11:22
S… Speaker 1 (31049715562-1-192)
You need 100 pennies to make one
11:26
S… Speaker 1 (31049715562-1-192)
dollar.
11:27
S… Speaker 1 (31049715562-1-192)
So it's really a small amount of money.
11:31
S… Speaker 1 (31049715562-1-192)
We've talked about quarter,
11:32
S… Speaker 1 (31049715562-1-192)
we've talked about penny,
11:34
S… Speaker 1 (31049715562-1-192)
let me teach you two more.
11:35
S… Speaker 1 (31049715562-1-192)
One is a nickel,
11:37
S… Speaker 1 (31049715562-1-192)
a nickel,
11:39
S… Speaker 1 (31049715562-1-192)
let me make the I there,
11:41
S… Speaker 1 (31049715562-1-192)
nickel, and the other is a dime.
11:44
S… Speaker 1 (31049715562-1-192)
A nickel equals 5 cents.
11:49
S… Speaker 2 (31049715562-1-192)
By the way,
11:50
S… Speaker 1 (31049715562-1-192)
cent is represented by this symbol here,
11:53
S… Speaker 1 (31049715562-1-192)
5 cents.
11:54
S… Speaker 1 (31049715562-1-192)
And a dime is 10 cents.
11:57
S… Speaker 2 (31049715562-1-192)
Okay?
11:58
S… Speaker 1 (31049715562-1-192)
So these are another two types of coins.
12:01
S… Speaker 1 (31049715562-1-192)
Very common.
12:02
S… Speaker 1 (31049715562-1-192)
Penny,
12:03
S… Speaker 1 (31049715562-1-192)
nickel,
12:04
S… Speaker 1 (31049715562-1-192)
dime,
12:04
S… Speaker 2 (31049715562-1-192)
quarter.
12:05
S… Speaker 1 (31049715562-1-192)
Sometimes you can have half a dollar or even one dollar coin.
12:09
S… Speaker 1 (31049715562-1-192)
That's possible.
12:10
S… Speaker 1 (31049715562-1-192)
But these are the most common.
12:11
S… Speaker 1 (31049715562-1-192)
Penny.
12:12
S… Speaker 1 (31049715562-1-192)
Nickel, dime,
12:13
S… Speaker 2 (31049715562-1-192)
quarter.
12:14
S… Speaker 1 (31049715562-1-192)
Those are the most common coins in American currency.
12:19
S… Speaker 1 (31049715562-1-192)
But remember,
12:20
S… Speaker 1 (31049715562-1-192)
currency also means bills.
12:22
S… Speaker 1 (31049715562-1-192)
$1 bill,
12:23
S… Speaker 1 (31049715562-1-192)
$10 bill,
12:24
S… Speaker 1 (31049715562-1-192)
$20 bill is also currency.
12:27
S… Speaker 1 (31049715562-1-192)
Okay,
12:28
S… Speaker 1 (31049715562-1-192)
so that's very interesting about American money there.
12:31
S… Speaker 1 (31049715562-1-192)
Okay, now let's move on to our chart.
12:34
S… Speaker 1 (31049715562-1-192)
We can see our chart here.
12:35
S… Speaker 1 (31049715562-1-192)
We have needs and we have wants.
12:39
S… Speaker 1 (31049715562-1-192)
Let's talk about these.
12:40
S… Speaker 1 (31049715562-1-192)
What are our needs?
12:41
S… Speaker 1 (31049715562-1-192)
What do we need to live?
12:43
S… Speaker 1 (31049715562-1-192)
Food and water,
12:45
S… Speaker 1 (31049715562-1-192)
of course, are needed.
12:46
S… Speaker 1 (31049715562-1-192)
We have to eat.
12:47
S… Speaker 1 (31049715562-1-192)
We have to drink.
12:48
S… Speaker 1 (31049715562-1-192)
Our bodies need these things because if they don't get them,
12:53
S… Speaker 1 (31049715562-1-192)
we'll die.
12:54
S… Speaker 1 (31049715562-1-192)
We need a house.
12:56
S… Speaker 1 (31049715562-1-192)
We need a house to protect ourselves from the environment,
13:00
S… Speaker 1 (31049715562-1-192)
from the weather.
13:01
S… Speaker 1 (31049715562-1-192)
If it rains or snows or is really cold,
13:04
S… Speaker 1 (31049715562-1-192)
we don't want to be outside.
13:06
S… Speaker 1 (31049715562-1-192)
We might die,
13:07
S… Speaker 1 (31049715562-1-192)
especially if it's very cold.
13:09
S… Speaker 1 (31049715562-1-192)
We need a house to live in.
13:11
S… Speaker 1 (31049715562-1-192)
We also need clothes.
13:13
S… Speaker 1 (31049715562-1-192)
Now, people can say we don't need clothes.
13:16
S… Speaker 1 (31049715562-1-192)
You don't need clothes to live.
13:18
S… Speaker 1 (31049715562-1-192)
But in society,
13:19
S… Speaker 1 (31049715562-1-192)
we need clothes.
13:20
S… Speaker 2 (31049715562-1-192)
It's cold.
13:21
S… Speaker 1 (31049715562-1-192)
It's important to wear clothes.
13:23
S… Speaker 1 (31049715562-1-192)
They protect us from the weather.
13:26
S… Speaker 1 (31049715562-1-192)
And it's important to wear in society.
13:29
S… Speaker 1 (31049715562-1-192)
It's important to wear clothes.
13:30
S… Speaker 1 (31049715562-1-192)
So we need these things.
13:32
S… Speaker 1 (31049715562-1-192)
These are things that we need in order to live and in order to
13:36
S… Speaker 1 (31049715562-1-192)
live in our society.
13:37
S… Speaker 1 (31049715562-1-192)
Those are things that we must have.
13:40
S… Speaker 1 (31049715562-1-192)
Now, wants are things that we don't really need.
13:44
S… Speaker 1 (31049715562-1-192)
It's not necessary that we have them.
13:47
S… Speaker 1 (31049715562-1-192)
For example,
13:48
S… Speaker 1 (31049715562-1-192)
a toy.
13:49
S… Speaker 1 (31049715562-1-192)
You don't really need toys,
13:51
S… Speaker 1 (31049715562-1-192)
right?
13:51
S… Speaker 1 (31049715562-1-192)
You could live your life without toys.
13:53
S… Speaker 1 (31049715562-1-192)
You'd be kind of,
13:54
S… Speaker 1 (31049715562-1-192)
maybe sad a little bit for children,
13:56
S… Speaker 1 (31049715562-1-192)
but you don't really need toys.
13:59
S… Speaker 2 (31049715562-1-192)
Books,
14:00
S… Speaker 1 (31049715562-1-192)
you don't really need books.
14:03
S… Speaker 1 (31049715562-1-192)
It's nice to have books.
14:04
S… Speaker 1 (31049715562-1-192)
It's important to have books,
14:07
S… Speaker 1 (31049715562-1-192)
but we don't really need books to live.
14:10
S… Speaker 2 (31049715562-1-192)
A pet.
14:11
S… Speaker 1 (31049715562-1-192)
You don't need a pet,
14:13
S… Speaker 1 (31049715562-1-192)
really, especially if you're living in a small apartment,
14:16
S… Speaker 1 (31049715562-1-192)
not a big house.
14:17
S… Speaker 1 (31049715562-1-192)
You don't really need a pet.
14:19
S… Speaker 1 (31049715562-1-192)
You don't need a pet anyway.
14:20
S… Speaker 1 (31049715562-1-192)
Pets are nice to have.
14:22
S… Speaker 1 (31049715562-1-192)
People want to have pets because they're fun.
14:25
S… Speaker 2 (31049715562-1-192)
They're like companions.
14:26
S… Speaker 1 (31049715562-1-192)
They can be your friends,
14:28
S… Speaker 1 (31049715562-1-192)
but it's not necessary to have a pet.
14:31
S… Speaker 1 (31049715562-1-192)
What about music lesson?
14:33
S… Speaker 1 (31049715562-1-192)
Okay, now you might tell your mom,
14:35
S… Speaker 1 (31049715562-1-192)
I don't need a music lesson.
14:37
S… Speaker 1 (31049715562-1-192)
True, you don't need a music lesson,
14:40
S… Speaker 1 (31049715562-1-192)
but it's important to have a music lesson,
14:43
S… Speaker 1 (31049715562-1-192)
just like it's important to have a book,
14:45
S… Speaker 1 (31049715562-1-192)
to learn and to develop yourself.
14:47
S… Speaker 1 (31049715562-1-192)
But these are things we don't absolutely need.
14:51
S… Speaker 1 (31049715562-1-192)
They're things that we want or that we should have to make our lives
14:55
S… Speaker 2 (31049715562-1-192)
richer,
14:56
S… Speaker 1 (31049715562-1-192)
to make our lives better.
14:58
S… Speaker 1 (31049715562-1-192)
They're just wants,
14:59
S… Speaker 2 (31049715562-1-192)
okay?
15:00
S… Speaker 2 (31049715562-1-192)
So that's the main difference between needs and wants.
15:02
S… Speaker 2 (31049715562-1-192)
Needs are absolutely we must have them to survive.
15:05
S… Speaker 2 (31049715562-1-192)
Wants are things that we wish that we had.
15:09
S… Speaker 1 (31049715562-1-192)
Okay.
15:10
S… Speaker 2 (31049715562-1-192)
Let's go on to the matching words.
15:13
S… Speaker 2 (31049715562-1-192)
We'll match the words with the definition.
15:15
S… Speaker 2 (31049715562-1-192)
These are our words here and the definitions are below.
15:19
S… Speaker 2 (31049715562-1-192)
Let's go over them.
15:20
S… Speaker 1 (31049715562-1-192)
Needs.
15:22
S… Speaker 2 (31049715562-1-192)
Wants.
15:23
S… Speaker 1 (31049715562-1-192)
Scarcity.
15:25
S… Speaker 1 (31049715562-1-192)
Scarcity.
15:27
S… Speaker 1 (31049715562-1-192)
Money.
15:29
S… Speaker 1 (31049715562-1-192)
Bill and coin.
15:31
S… Speaker 2 (31049715562-1-192)
So let's match these words to their definitions.
15:33
S… Speaker 1 (31049715562-1-192)
Number one,
15:35
S… Speaker 1 (31049715562-1-192)
paper money.
15:37
S… Speaker 2 (31049715562-1-192)
Money that is made from paper.
15:40
S… Speaker 2 (31049715562-1-192)
It's usually larger amounts of money.
15:43
S… Speaker 2 (31049715562-1-192)
What do we call that?
15:44
S… Speaker 2 (31049715562-1-192)
We call that a bill,
15:47
S… Speaker 1 (31049715562-1-192)
right?
15:48
S… Speaker 1 (31049715562-1-192)
Bill or bills.
15:49
S… Speaker 2 (31049715562-1-192)
Paper money are bills.
15:50
S… Speaker 2 (31049715562-1-192)
Remember, we can also say notes.
15:53
S… Speaker 2 (31049715562-1-192)
but here we're saying bill number two not enough of
15:58
S… Speaker 2 (31049715562-1-192)
something so if there's not enough of something for example there's six
16:02
S… Speaker 2 (31049715562-1-192)
people they want to eat dinner there's only one small tomato they
16:06
S… Speaker 2 (31049715562-1-192)
have to share it there's not enough so we say that
16:10
S… Speaker 2 (31049715562-1-192)
that situation there is a scarcity a scarcity
16:14
S… Speaker 2 (31049715562-1-192)
of food a scarcity of water
16:18
S… Speaker 2 (31049715562-1-192)
A scarcity of land.
16:20
S… Speaker 2 (31049715562-1-192)
These are problems that come up as people get
16:25
S… Speaker 1 (31049715562-1-192)
more and more.
16:25
S… Speaker 2 (31049715562-1-192)
If there's many people,
16:26
S… Speaker 2 (31049715562-1-192)
there's less food,
16:28
S… Speaker 1 (31049715562-1-192)
less water,
16:29
S… Speaker 1 (31049715562-1-192)
less land.
16:29
S… Speaker 2 (31049715562-1-192)
There is a scarcity of these things.
16:32
S… Speaker 1 (31049715562-1-192)
Okay,
16:33
S… Speaker 1 (31049715562-1-192)
number three.
16:34
S… Speaker 2 (31049715562-1-192)
Money that is made of metal.
16:37
S… Speaker 2 (31049715562-1-192)
Not paper,
16:38
S… Speaker 2 (31049715562-1-192)
but metal.
16:39
S… Speaker 2 (31049715562-1-192)
Not a bill,
16:41
S… Speaker 2 (31049715562-1-192)
but a...
16:42
S… Speaker 1 (31049715562-1-192)
Coin.
16:43
S… Speaker 2 (31049715562-1-192)
That's right.
16:44
S… Speaker 2 (31049715562-1-192)
A coin is money that is made of metal.
16:47
S… Speaker 2 (31049715562-1-192)
And we talked about different types of coins.
16:49
S… Speaker 1 (31049715562-1-192)
Penny,
16:50
S… Speaker 1 (31049715562-1-192)
nickel,
16:51
S… Speaker 1 (31049715562-1-192)
dime,
16:52
S… Speaker 1 (31049715562-1-192)
quarter.
16:52
S… Speaker 2 (31049715562-1-192)
Very common types of coins in American currency.
16:56
S… Speaker 2 (31049715562-1-192)
Number four.
16:58
S… Speaker 2 (31049715562-1-192)
Things that you must have to live.
17:00
S… Speaker 2 (31049715562-1-192)
You must have them.
17:02
S… Speaker 2 (31049715562-1-192)
Especially some of these things,
17:04
S… Speaker 1 (31049715562-1-192)
if you don't have them,
17:06
S… Speaker 1 (31049715562-1-192)
You die,
17:07
S… Speaker 1 (31049715562-1-192)
right?
17:07
S… Speaker 2 (31049715562-1-192)
They're very important to have.
17:10
S… Speaker 1 (31049715562-1-192)
So, what are they?
17:11
S… Speaker 2 (31049715562-1-192)
Are they needs or wants?
17:13
S… Speaker 1 (31049715562-1-192)
Of course,
17:14
S… Speaker 1 (31049715562-1-192)
it's needs,
17:15
S… Speaker 1 (31049715562-1-192)
isn't it?
17:16
S… Speaker 1 (31049715562-1-192)
Needs.
17:17
S… Speaker 2 (31049715562-1-192)
Number five is the opposite of needs,
17:20
S… Speaker 2 (31049715562-1-192)
or the other idea from needs.
17:23
S… Speaker 1 (31049715562-1-192)
Things that you don't need,
17:25
S… Speaker 2 (31049715562-1-192)
you don't need them,
17:26
S… Speaker 2 (31049715562-1-192)
but wish to have.
17:29
S… Speaker 2 (31049715562-1-192)
You wish you had them.
17:31
S… Speaker 1 (31049715562-1-192)
Those,
17:32
S… Speaker 2 (31049715562-1-192)
of course, are wants.
17:33
S… Speaker 2 (31049715562-1-192)
Remember, wish and want is very similar in meaning.
17:37
S… Speaker 1 (31049715562-1-192)
I wish I had this.
17:39
S… Speaker 2 (31049715562-1-192)
I want to have it.
17:40
S… Speaker 2 (31049715562-1-192)
Wish,
17:41
S… Speaker 1 (31049715562-1-192)
though, is stronger.
17:42
S… Speaker 1 (31049715562-1-192)
Stronger feeling.
17:45
S… Speaker 1 (31049715562-1-192)
6.
17:45
S… Speaker 2 (31049715562-1-192)
Something that people use as a means
17:51
S… Speaker 2 (31049715562-1-192)
of exchange a means of exchange in other words they
17:56
S… Speaker 2 (31049715562-1-192)
can use this it's a very convenient way to use to
18:00
S… Speaker 2 (31049715562-1-192)
exchange something right so what is that of course I'm
18:04
S… Speaker 2 (31049715562-1-192)
going to give something I'm going to get something back I give I usually give
18:08
S… Speaker 2 (31049715562-1-192)
what I give money I have to have money in my pocket in
18:12
S… Speaker 2 (31049715562-1-192)
order to buy things so I give money
18:15
S… Speaker 1 (31049715562-1-192)
and that in an exchange,
18:16
S… Speaker 2 (31049715562-1-192)
I can get a good or a service.
18:18
S… Speaker 2 (31049715562-1-192)
So that's very important.

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