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