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Fourth graders are introduced to the various types of resources needed to produce a product. In groups, they participate in activities in which they determine the costs, benefits and calculate the opportunity costs. They also discuss what happens to an economy when the resources are scarce.

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Resource Details

Grade
4th
Subjects
Economics & Business
1 more...
Resource Type
Lesson Plans
Instructional Strategy
Inquiry-Based Learning
Usage Permissions
Fine Print