lesson
Asking Inquiry Questions About Scarcity and Unlimited Wants
Formulate questions about why individuals, businesses, and governments must make economic choices due to limited resources.
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Foundations of Markets and Consumer Choices
4th Grade · Social-studies · US-WI-SS
6 lessons
Goal
Understand fundamental economic concepts including scarcity, productive resources, supply and demand, and factors influencing consumer decisions.
6 lessons
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- Asking Inquiry Questions About Scarcity and Unlimited WantsYou are here
- 2Evaluating Opportunity Costs in Daily Consumer DecisionsPremiumUp next
- 3Distinguishing Human, Natural, and Capital Resources in ProductionNot started yet
- 4Analyzing How Supply and Demand Interact to Determine Market PricesNot started yet
- 5Evaluating Market Shortages and Surpluses in Local StoresNot started yet
- 6Investigating the Role of Incentives and Advertising on Consumer WantsNot started yet
