Ben & Jerry are producers of ice cream. Even if they produce ice cream for the entire nation, they still must make choices on which flavor to produce! Scarce resources force them to make a choice!
The introduction to this lesson is a brief online story about a little girl's visit to a pet store with her father. She considers several pets before choosing a "cute and cuddly" dog. Students are reminded that pet owners are responsible for keeping their pets safe, healthy and happy. A discussion of a pet owners desire to provide the best for their pets leads to an exploration of people's wants.
In this lesson, students will learn about a speculative bubble within the context of the U.S. real estate market. This lesson includes book excerpts,role-playing activites, exercises, and assessments.
In this lesson, students will explain why they cannot have everything they want because of scarcity and explain how all choices have costs. An interactive poem is included and discussion questions.
In this lesson students learn how they and family members fulfill the roles of consumer and producer at home and in their community. They begin by exploring the goods and services that people use and they identify those that are businesses and require the payment of money. An interactive is provided for students to identify the goods and services that have to be purchased.