Scarcity

Who is affected by the condition of scarcity?

• The rich

• Large economies

• All societies

• Producers (ie: businesses)

Scarcity means:

• Too much of something you wanted

• The exact amount of something you wanted

• Not enough of something you wanted

Tags

CCSS.L.2.4A

CCSS.RI.2.4

If 5 people want an ice-cream, is there a scarcity?

• Yes, there is a scarcity.

• No, there is not a scarcity.

Tags

CCSS.RI.2.1

What will probably happen if something people want to buy is scarce?

• The price will go up.
• The price will go down.
• You will be able to get it for free.

Every time we go shopping we make _______.

• choices
• money
• products

I need...

• video games

• water

• iphone

Do you have _________ paper to do your work?

• enough

• toward

• ago

• whole

Tags

CCSS.L.2.4A

CCSS.RF.2.4C

Put that ______________ your name.

• word

• enough

• above

• ago

Tags

CCSS.L.2.4A

CCSS.RF.2.4C

Don’t walk _____________ the road.

• enough

• whole

• laugh

• toward

Tags

CCSS.L.2.4A

CCSS.RF.2.4C

It was three years ___________ when I started school.

• word

• enough

• ago

• toward

Tags

CCSS.L.2.4A

CCSS.RF.2.4A