🟩 Lesson 5: Even Pirates Need Reources

Scarcity, Choices, & Opportunity Costs

Even Pirates Need Resources

Introduction

 

Hi Second Grade Economy Explorers!

For this module, we’ll be learning about scarcity, choices, and opportunity costs. You've already learned a little about this topic during Reading. We’ll be discussing and learning more about the ways this concept (idea) affects 2nd graders. We’ll also review a little about the economics you learned in kindergarten and first grade. Let’s explore some information about why, all of us - kids and grown-ups, need to learn about scarcity. 

Today you will need to do the following steps in order to complete the assignment:

1. Watch the video explaining scarcity.
2. Complete the interactive - Even Pirates Need Resources.

 

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Video

Watch the video to learn more about the scarcity of resources.

 

 

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Assignment

Click Next to complete the What Resources Do Pirates Use? Assignment

 

 

 

Video provided by Council for Economic Education Links to an external site.

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