Scarcity and Economics
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Objective
I can tell how scarcity makes people in North Carolina choose what they want most.
Part 1 of 3
Warm-up video
Unknown Channel · 5:00
We don't generate video — this one is by Unknown Channel on YouTube. The practice questions and exit ticket below were drafted by AI for this objective, and every question is editable in the teacher guide.
Part 2 of 3
Practice
7 questions
What does it mean when something is scarce?
Give an example of something that might be scarce in your classroom or at home.
Part 3 of 3
Exit ticket
Quick comprehension check
“Imagine there are only 5 slices of pizza left at a party, but 10 people want pizza. Explain why this is an example of scarcity. Suppose a store only has 2 of a popular video game left, but many people want to buy it. Explain why this is an example of scarcity. ”
Sample answer included in the free materials
Get the materials
Teacher guide, student handout, and slides — free, in Google Docs format
Teacher Guide
Complete lesson plan with answer keys and alternate activities
Student Handout
Printable worksheet
Slides
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