Scarcity and Choice: Mercantilism - the relationships between England, Africa, and the Americas

Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics. 

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...

Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.

Eleventh graders identify characteristics of dating relationships that are healthy, unhealthy, or abusive. Students investigate how to deal with conflicts that are part of any relationship and to take the proactive measures required to...

Do you really need that new laptop/phone/dress/jacket/etc.? Financial decisions require us to distinguish between our wants and our needs. Through discussion and the evaluation of scenarios on provided worksheets, this resource will...

Students write a journal entry about a time when they had to make a tough choice between right and wrong. They read read the newspaper for to find articles about people have been in situations that required them to make a personal choice...

Showcase the religion, conflicts, daily life, and politics of Colonial North America. A very well-done presentation highlights all the major colonial groups, social norms, demographics, and political struggles of the time. Perfect for an...

Scarcity, 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...

Hook your class into an exploration of and discussion about violence in video games with a cute animal clip and a video game trailer. After a quick discussion about how media can affect mood, class members read a related article and...

Students take the sides of Patriots or Tories. In this colonial American lesson plan, students read primary sources that feature James Murray and Captain Jones. Students then write dialogues and limericks based on a fictional meeting of...