Scarcity

This video teaches the concept of scarcity. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist.

EconEdLink URL: https://econedlink.org/resources/scar...

Corresponding Kahoot! quiz: https://create.kahoot.it/share/scarci...

This video is brought to you by the Council for Economic Education (CEE). CEE's mission is to equip K–12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families, and their communities, and learn to successfully navigate in our ever-changing economy. The Council for Economic Education’s EconEdLink is the premier online source for K-12 teachers to discover free classroom resources and online professional development webinars in personal finance and economics. Join the hundreds of thousands of educators who already use EconEdLink today: https://econedlink.org/