Council for Economic Education
Econedlink: Scarcity Video and Quiz
This video teaches the concept of Scarcity and includes a quiz. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist. [1:13]
Council for Economic Education
Econ Ed Link: You Decide!
Think about a difficult decision you have had to make. After you decided did it work out? Why or why not? Why do you think decisions and choices are hard to make? We make personal decisions and we make decisions as groups. There is a...
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)
Use this EconEdLink intermediate activity to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this lesson, you will travel back to the early 1800's in a time machine and travel with Lewis and Clark. See if you...
Council for Economic Education
Econ Ed Link: Opportunity Cost
Website with short video [0:20] and quiz teaches the concept of opportunity cost. Links to related material and lessons.