Scarcity and Economics
Grade 3 · Social Studies · 45 min· 4.e.1.1 Explain The Ways In Which Scarcity Impacts Economic Decisions In North Carolina. 4.e.1.2 Explain Factors That Have Led To Economic Growth And Decline For North Carolina’s Major industries. 4.e.1.3 Explain Ways In Which Factors Of Production Are Influenced By The Availability Of Resources In North carolina.
What's Included
Learning Objective
I can tell how scarcity makes people in North Carolina choose what they want most.
Warm-Up Video
Unknown Channel · 5:00
Scarcity for Kids
Practice Questions
7 questions · Short answer
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. ”
Complete Lesson Package
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