Scarcity and Choice
Grade 3 - Social Studies - Challenge Me
NameDate
Which situation shows scarcity?
- unlimited supplies for everyone
- every person gets every choice
- all resources are free and endless
- limited bus seats
What choice could respond to this scarcity: only two art kits?
- pretend the limit is gone
- decide which class uses the kits first
- take every resource at once
- erase the timeline
What is an opportunity cost of this choice: create a checkout list?
- some readers wait
- no tradeoff exists
- the map key changes
- everyone gets unlimited time
Why does scarcity such as "one soccer field" lead to choices?
- people dislike maps
- regions have no features
- limited resources cannot meet every use at once
- goods are never useful
Which question helps make a scarcity decision about "only two art kits"?
- Which use is most important right now?
- Which animal has fur?
- What is the capital letter?
- Which word is a suffix?
Which situation shows scarcity?
- all resources are free and endless
- only two art kits
- every person gets every choice
- unlimited supplies for everyone
What choice could respond to this scarcity: one soccer field?
- ignore needs
- schedule turns for teams
- erase the timeline
- take every resource at once
What is an opportunity cost of this choice: decide which class uses the kits first?
- the resource doubles by itself
- no tradeoff exists
- another class waits
- everyone gets unlimited time
Why does scarcity such as "only two art kits" lead to choices?
- limited resources cannot meet every use at once
- people dislike maps
- goods are never useful
- all sources are primary
Which question helps make a scarcity decision about "limited bus seats"?
- Which use is most important right now?
- Does the magnet repel?
- What is the capital letter?
- Which animal has fur?