Good or Service?
Scarcity
Pros or Cons
Resources
100
books
Good or service?
Good
100
Which good has a scarcity?
The pencil
100
You decide to buy toys and pencils every time there is a school store. You spend all your money you earn every week. What is a pro (a good thing) about this?
You get to buy things at every school store.
100
Say one resource we use to make bread.
Wheat
200
nail salon
Good or service?
Service
200
Scarcity means________.
When you don't have enough of something.
200
You decide to buy toys and pencils every time there is a school store. You spend all the money you earn every week. What is a con (a bad thing) about this?
You don't get to save any money for a more expensive item that you want.
200
Say two resources used in a pepperoni pizza
pork
cheese-milk
wheat
300
a house
Good or service?
Good
300
An example of scarcity is __________.
Example answers:
-Not enough water in California
-Not enough Chromebooks for a classroom
300
You decide to save your money every school store and not buy anything. You want to save your money for the Batman toy! What is a pro about this?
You have a chance to buy a big, expensive toy you really want!
300
What are two resources used to make this taco?
tomato
lettuce
cheese-milk
corn
sour cream-milk
beef-cow
400
apple tree
Good or service?
Good
400
During market day, you want to buy a bracelet. You see rainbow bracelets, red, blue, and purple bracelets. A bracelet is $5 and you only have $3.
Is this an example of scarcity? Why or why not?
No, because there are many bracelets to buy. You just don't have enough money to buy one.
400
You decide to save your money every school store and not buy anything. You want to save your money for the Batman toy! What is a con about this?
You have to wait to buy something until you have a enough money. Also, the big toy could sell before you have enough money to buy it.
400
What are 2 resources used make this book?
paper-trees
ink-carbon
500
A computer repairman
A service
500
There are not enough packages of apple slices for everyone in the classroom. What are 3 things you can do to solve this scarcity problem?
1. Share with everyone
2. Find an alternative snack
3. Everyone takes less.
500
You decide to buy something small every school store. This way you can save some money for something bigger and spend some money. What is a pro about this?
You get to buy something every week, but you also get to buy a bigger toy.
500
List 2 resources in this bike.
handlbars-metal
tires-rubber
plastic- seat
chain-metal