Understanding Food Costs

Have you ever had to make a choice between two things you really wanted to buy? If so, you have practiced economic decision making. Perhaps you have had to choose between buying a video game or seeing a movie with your friends?

To make a good decision, you have to think about the results of both choices. You already think about many of your choices the same way that economists do. When deciding what to eat, families make choices. Those choices can be based on different things, such as what food is available, what the food costs, and if the food is healthy.

Choosing the rights foods at the grocery store is an important economic skill.

Many families buy their food at grocery stores. Families can also buy food at farmer’s markets or street vendors. When shopping at these places, families must choose from what is available.

Cost also helps you pick what to buy and eat. Families also buy foods based on which food is on sale or which food is within their budget. A shopper may want to buy American cheese. At the store, they may select the cheese that is less expensive.

Buying the right foods can save your family money, keep you healthy, and introduce you to tasty meals.

Choosing food that is healthy, or good for you, can also help you decide what to buy and eat. Today, many people struggle with being overweight. By making healthy food choices when shopping, families can prepare meals that are tasty and good for you. Eating more fruits and vegetables can help your body grow strong and healthy. Eating apples instead of cookies is an example of an economic choice.

Deciding what to eat means making economic choices.  These choices are based on a variety of factors. The decisions about what to buy and what to prepare for meals affects your families budget and health.

Related Links

• Learn more about planning healthy meals that are not expensive by checking out Recipes and Tips for Healthy, Thrifty Meals.

TLX News Journal: Economics Activity

Create your own meal plan and shopping list. Start with a budget of $50 and plan to make dinners for a family of four. Use the online Web site for a grocery store that your family shops at in order to see prices for items you are interested in buying. Create a menu and shopping list for your meal plan.