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49 resources with the keyterm scarcity

Videos (Over 2 Million Educational Videos Available)
The Circulatory System Part 1: The Heart Video
8:55
The Circulatory System Part 1: The Heart
Women's History Activator: Eleanor Roosevelt Video
5:34
Women's History Activator: Eleanor Roosevelt
How Computers Work: What Makes a Computer, a Computer? Video
5:10
How Computers Work: What Makes a Computer,...
Other Resource Types (49)
Lesson Planet

Comparing Economic Systems

For Teachers 10th - 12th Standards
How do people make decisions in a world where wants are unlimited, but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
Lesson Planet

Choices Are Everywhere: Why Can’t We Just Have It All?

For Students 11th - 12th Standards
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics. 
Lesson Planet

Practice Test: United States Economic System

For Students 9th - 12th Standards
Here is a well-designed, traditional multiple choice exam that includes 27 questions on concepts ranging from economic systems and corporations to supply and demand and competitive markets.
Lesson Planet

Real Life Economics 101

For Teachers 11th - 12th Standards
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
Lesson Planet

Popcorn Economics

For Teachers 4th - 8th
Scarcity of resources is a fundamental economics concepts that kids need to understand. You'll use a large bag of popcorn to demonstrate this concept. Have the class come up row-by-row to fill their snack bags with popcorn. By the last...
Lesson Planet

Production Possibilities Curve

For Teachers 9th - 12th
Use a production possibilities curve to explain efficiency in terms of opportunity cost, consumption, and scarcity. A video shows how the Production Possibilities Curve is used to calculate opportunity cost and scarcity. Learners then...
Lesson Planet

Rachel's Life is in a Hole

For Teachers 7th - 12th
Explore how lack of access to water impacts peoples' lives in poor countries. Through text reading and discussion, middle schoolers are presented with the story of a young girl who lives and functions with limited water resources. They...
Lesson Planet

Consumer Choices

For Students 6th - 12th
How do we decide what to buy? Empower your economists to spend their money wisely through this introductory consumer choice worksheet. Learners read a passage on wants and needs, scarcity, and tradeoffs. Next, students personalize the...
Lesson Planet

Econ in a Bag

For Teachers 2nd - 3rd
Here is a nice idea, have your young entrepeneurs form their own companies. Each company is given a paper bad to locate and place resources in that they can use to create products their businesses sell on Sale Day. They identify and...
Lesson Planet

The Big Winner

For Teachers 8th
Eighth graders examine the economics of the California Gold Rush Era using factual and fictional biographies. Working in groups, a biographical sketch is analyzed in order to determine if their individual became rich or not, how or what...
Lesson Planet

Across the Lines by Carolyn Reeder

For Teachers 8th
Eighth graders, while reading "Across the Lines," by Carolyn Reeder, relate economic decision-making to events depicted in the novel. They identify the opportunity cost of various jobs. A scarcity timeline is created to involve the...
Lesson Planet

Chapter 2: The Economizing Problem

For Teachers 10th - 12th
It doesn't take a lecture on economics to convince teenagers that one's wants often exceed one's means, but this presentation will hopefully help them to understand the discrepancy. Using an example of pizza and robot arms, the slides...
Lesson Planet

Chapter 1: The Nature and Method of Economics

For Teachers 10th - 12th
If the extent of your class' economic knowledge is the five-dollar bill they spent on lunch, then this presentation will be a good introduction to economics. From the basics of policy economics versus theoretical economics, to the...
6:57
Lesson Planet

Basic Economics Lesson 1 - Humans Act

For Teachers 9th - 12th
Basic economics, according to this narrator, is based on human actions. This is a very academic video that describes economics in terms of means and ends, scarcity and choice. Note: This clip may be a bit dry for some students and is...
Lesson Planet

Values, Wants, and Needs

For Teachers 5th - 6th
Build a basic understanding of four fundamental economic principles. Defined here are the concepts of value, scarcity, want, and need. All of these terms are very important to understand when discussing economic choices or cost/benefit...
Lesson Planet

Make a Choice

For Teachers 3rd - 8th
Students investigate the Underground Railroad to determine the choices that people made. To help, to stay, to do nothing, to break the law to enforce the law, to feed runaways are some of the choices that made a difference. This...
Lesson Planet

Scarcity of Water Throughout the World

For Teachers 9th - 11th
Students identify the various forms of fresh water on the earth. They observe a demonstration aand read articles that show them the importance of water conservation. They write a journal about their opinion regarding paying for water.
Lesson Planet

Location of Resources in Early Civilizations

For Teachers 6th
Sixth graders define scarcity and opportunity costs.
Lesson Planet

Economics Study Guide

For Students 11th - 12th
Use this resource as a basic review of economic principles. There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more.
Lesson Planet

Hurricane causes Scarcity

For Teachers 3rd - 6th
Assign this PowerPoint to your students to give them a place to explain how a hurricane can cause "scarcity" in a community or area. The directions instruct students how to save their slide. Tip: Instead of completing this on the...
Lesson Planet

Sharing is Caring

For Teachers K - 2nd
Students sharpen their problem solving skills. In this service learning lesson, students work collaboratively to solve a problem involving scarcity.
Lesson Planet

Monster Musical Chairs

For Teachers K - 1st
Students experience scarcity in a game of musical chairs. In this scarcity and economics lesson, students read Monster Musical Chairs, then the class discusses wants, needs, and scarcity in relation to their own experiences. The class...
Lesson Planet

So Few of Me

For Teachers 1st - 4th
Students examine making choices when one person is presented with many options, but can only choose one activity. In this decision-making and scarcity lesson, students are introduced to the topic by reading So Few of Me as the students...
Lesson Planet

Jamestown's Economy

For Teachers 5th - 9th
Learners identify items made in Jamestown and draw conclusions about their economy. In this Jamestown economy lesson, students use the internet to complete a worksheet which required them to look at photographs of goods made in and...