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Lesson Plan
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\n\"Scarcity\n\n
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\nCurated OER\n
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\nScarcity and Choice\n

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\n\nFor Teachers\n\n1st - 3rd\n
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\nAfter reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.\n
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Lesson Plan
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\n\"Scarcity\n\n
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\nCurated OER\n
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\nScarcity and Choice: Mercantilism - the relationships between England, Africa, and the Americas\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nHigh schoolers trace the meaning and importance of mercantilism; past and present.\n
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Lesson Plan
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\n\"Scarcity\n\n
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\nCurated OER\n
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\nScarcity and Choice\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents participate in a role play as producers of two goods, allowing students to experience scarcity. They make choices about using their scarce resource to produce both or one of two goods. Then they construct...\n
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Lesson Plan
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\n\"Scarcity\n\n
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\nCurated OER\n
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\nScarcity and Choices\n

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\n\nFor Teachers\n\n1st\n
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\nFirst graders gain an understanding of the scarcity of resources and how it affects the choices that we make in our everyday lives. Students will participate in a variety of activities such as literature analysis, shopping, journal...\n
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Lesson Plan
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\n\"Economic\n\n
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\nCurated OER\n
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\nEconomic Forces\n

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\n\nFor Teachers\n\n8th - 12th\n
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\nStudents explore the economic forces of scarcity and choice. They examine how these forces affect the management of personal financial resources, shape consumer decisions, and the economic well-being of society. Students research stock...\n
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Worksheet
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\n\"Scarcity\n\n
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\nCurated OER\n
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\nScarcity & Choice\n

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\n\nFor Students\n\n11th - 12th\n
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\nIn this economics worksheet, students respond to 16 fill and the blank and multiple choice questions about scarcity and choice.\n
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Instructional Video
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\n\"EconMovies\n\n
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\nACDC Leadership\n
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\nEconMovies 1: Star Wars (Scarcity, Choices, and Exchange)\n

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\n\nFor Students\n\n11th - 12th\n\nStandards\n
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\nScarcity, choices, and the fundamentals of economics... in Star Wars! Here is a highly entertaining and incredibly informative video that uses several clips from the Star Wars to explain how economists make assumptions. The video also...\n
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Lesson Plan
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\n\"Basic\n\n
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\nCurated OER\n
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\nBasic Trading\n

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\n\nFor Teachers\n\n2nd - 6th\n
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\nStudents review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...\n
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Lesson Plan
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\n\"The\n\n
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\nCurated OER\n
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\nThe Game of Business\n

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\n\nFor Teachers\n\n9th - 12th\n
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\nStudents practice the economic concepts of scarcity and opportunity cost. They imagine creating their own businesses and brainstorm what they need to know in order to determine when the business is profitable.\n
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Instructional Video9:04
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\n\"Specialization\n\n
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\nCrash Course\n
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\nSpecialization and Trade\n

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\n\nFor Students\n\n9th - 12th\n\nStandards\n
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\nDo companies work better when everyone works on everything, or when each person or department focuses on one specialized task? Explore the benefits of specialization and trade in the modern global economy with a explanatory video.\n
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Lesson Plan
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\n\"A\n\n
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\nCurated OER\n
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\nA Share in America\n

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\n\nFor Teachers\n\n4th - 5th\n
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\nLearners examine map - reflect on why English colonist kept coming to America (scarcity of land in England / seemingly endless land in America)\n\nRecite line from English poem. They discuss English attitude towards Indians and their lands.\n
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\n\nGet Free Access\n\nSee Review\n
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Lesson Plan
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\n\"Economics\n\n
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\nCurated OER\n
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\nEconomics Using SimCity 2000\n

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\n\nFor Teachers\n\n5th\n
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\nFifth graders build a city and balance a budget for the population.\n
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Lesson Plan
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\n\"Children's\n\n
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\nCurated OER\n
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\nChildren's Literature\n

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\n\nFor Teachers\n\n6th\n
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\nIntroduce the students to basic economic concepts and types of economic systems and develop the an understanding of how economic choices involve costs and consequences; provide introduction to rural America circa 1920 and compare to our...\n
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Lesson Plan
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\n\"Location\n\n
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\nCurated OER\n
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\nLocation of Resources in Early Civilizations\n

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\n\nFor Teachers\n\n6th\n
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\nSixth graders define scarcity and opportunity costs.\n
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Lesson Plan
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\n\""Real\n\n
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\nCurated OER\n
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\n\"Real Life\" Budgeting Project\n

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\n\nFor Teachers\n\n6th - 8th\n
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\nStudents experience what it is like to be a responsible citizen through a monthly budget through using a variety of research skills. \n\nThey apply collected data in a decision making exercise and \n\npresent the final product in a clear and...\n
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Lesson Plan
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\n\"Picture\n\n
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\nCurated OER\n
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\nPicture Your Future\n

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\n\nFor Teachers\n\n5th\n
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\nFifth graders use Career-O-Rom-A interactive software to investigate various careers in which they are interested. They examine the clothing associated with their career choices and workplaces. They list ten careers which still appeal...\n
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Lesson Plan
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\n\"What\n\n
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\nCurated OER\n
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\nWhat Is a Business?\n

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\n\nFor Teachers\n\n2nd - 3rd\n
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\nStudents discover how to maintain successful businesses as they assume the roles of owners and drivers of their own ice cream trucks.\n
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Lesson Plan
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\n\"Local\n\n
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\nCurated OER\n
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\nLocal Governments Don't Do Much ... Or Do They?\n

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\n\nFor Teachers\n\n10th - 12th\n
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\nStudents study and explore their local government. They role play members of their City Council and various constituents as they discuss a variety of subjects typical of a city council meeting.\n
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\n\nGet Free Access\n\nSee Review\n
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Lesson Plan
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\n\"Exploration\n\n
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\nCurated OER\n
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\nExploration of North America\n

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\n\nFor Teachers\n\n5th\n
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\nFifth graders examine some famous explorers who have helped to discover our country. They discuss explorers from three countries today. They are: Spain, Portugal, and England.\n
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Lesson Plan
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\n\"The\n\n
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\nCurated OER\n
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\nThe Power of Compounding\n

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\n\nFor Teachers\n\n6th\n
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\nSixth graders examine the concept of compounding interest on invested money. They explore how much interest their money would earn through compounded interest. Students conclude that they should invest early and often.\n
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Lesson Plan
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\n\"Social\n\n
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\nCurated OER\n
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\nSocial Changes in America Caused by World War II\n

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\n\nFor Teachers\n\n10th - 11th\n
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\nYoung scholars research and examine the social changes that occured in the United States during World War II. In pairs they conduct research using a variety of resources, and organize and compose a \"Guide to Life\" for veterans returning...\n
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Article
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\n\"Cyber\n\n
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\nRobert Schenk, PhD\n
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\nCyber Economics: Scarcity and Choice\n

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\n\nFor Students\n\n9th - 10th\n
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\nThis site from the St. Joseph's College examines the importance of scarcity and choice in terms of an economic system. A further explanation explores how various people have constructed utopias to assume away the problem of scarcity.\n
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Instructional Video
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\n\"You\n\n
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\nYou Tube: Scarcity and Choice\n

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\n\nFor Students\n\n9th - 10th\n
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\nA brief lesson regarding economic scarcity and choice. [4:36]\n
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Instructional Video
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\n\"Jennifer\n\n
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\nOther\n
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\nJennifer Wilkinscolvin: Youtube: Module 1: Scarcity and Choice\n

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\n\nFor Students\n\n4th - 8th\n
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\nAn animated basic economic lesson about scarcity and choice. [2:08]\n
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\n\nGet Free Access\n\nSee Review\n
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