The Story of Supply and Demand: Cabbage Patch Dolls, Beanie Babies,

Seventh graders define terms supply and demand, identify what happens when demand exceeds supply and vice versa, explain how supply and demand affect choices, explain how supply and demand affect prices, and apply concepts in a simulated business situation.

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Resource Details

Grade
7th
Subjects
Social Studies & History
3 more...
Resource Type
Lesson Plans
Instructional Strategies
Project-Based Learning
1 more...
Technology
Video
Usage Permissions
Fine Print