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Council for Economic Education
Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if you...
Council for Economic Education
Econ Ed Link: Paraffin Alia
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, or the...
Council for Economic Education
Econ Ed Link: Economic Spotter: Resources During World War Ii
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 2)
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Council for Economic Education
Econ Ed Link: I Can Dream Anything!
Go to this site for fun activities and a great lesson on personal choices and specialization. This lesson provides the primary teacher with an excellent opportunity to incorporate a character education lesson on self-esteem, while...