PLN+9+Main+Page

== = ** __Oregon Standard for Social Science Focus__ :** =

//**Economics: Scarcity**//

Understand that resources are limited (e.g., [|scarcity]).
 * Common Curriculum Goals:**

Understand the economic concept of scarcity
 * Content Standards:**

SS.03.EC.01 Understand that limited resources make economic choice necessary.
 * Benchmark 1 (Grade 3):**

//Visit the [|complete set of Oregon standards for social sciences.]//

= __National Standard for Social Science Focus__: =

//**Productive resources are limited. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give up others.**//


 * At the completion of Grade 4, students should know the following benchmarks for this standard:**


 * People make choices because they can't have everything they want. Whenever a choice is made, something is given up.
 * Economic wants are desires that can be satisfied by consuming a [|good], [|service], or leisure activity.
 * Goods are objects that can satisfy people's wants; services are actions that can satisfy people's wants.
 * People's choices about what goods and services to buy and consume determine how [|resources] will be used.
 * The [|opportunity cost] of a choice is the value of the best alternative given up.
 * People who make goods and provide services are called producers. People whose wants are satisfied by using goods and services are called [|consumers].
 * Productive resources are the [|natural resources], [|human resources], and [|capital goods] available to make goods and services. Natural resources, such as land, are "gifts of nature;" they are present without human intervention. Human resources are the quantity and quality of human effort directed toward producing goods and services.
 * Capital goods are goods that are produced and used to make other goods and services. Human capital refers to the quality of labor resources, which can be improved through investments in education, training, and health.
 * [|Entrepreneurs] are people who organize other productive resources to make goods and services.

//View this [|national standard for economic scarcity.]//

= __**Lesson Plans**__: =


 * Kindergarten:**
 * Claire Stave


 * First Grade:**
 * Robyn Eshelman


 * Second Grade:**
 * Kayla Macadam


 * Third Grade:**
 * Danielle Booth

= __**Resources**__: = The questions in this interactive quiz will need to be read to the students, but they could be run through as a class to evaluate their understanding of the story by Jan Brett. There is also an non-interactive [|worksheet version] of this quiz. This song could could be used to extend the lesson of scarcity into a lesson of sharing. A teacher could sing the [|lyrics] of this song with the students, or use this [|video] of another sharing song in the class lesson.
 * Kindergarten:**
 * [|The Mitten: Interactive Quiz]
 * [|The Sharing Song]

By printing the dollars and coins off [|Play Money], students will be able to count out how much they have while on the [|Learning to Count Coins] interactive site. Being able to count the money in front of the students is one of the first steps to knowing how much they have, and if their resources are considered scarce in relation to others. Songs are a useful technique when teaching young students about complex ideas like trading, needs vs. wants, and how we individually affect the economy. Songs like [|Trading], [|The Incredible Econ] and [|Oh, Scarcity] have easy to follow tunes, and lyrics that both educate and entertain elementary students.
 * First Grade:**
 * [|Play Money]
 * Songs

This fun poem is interactive and will get kids interested in the basics of understanding needs vs. wants. Scarcity means that you always want more than you can have therefore it is very important to get kids to know the difference between the two. The teacher can read the poem along with the class and then discuss questions about the poem. Consumerism is a huge issue in today's society, and it is important for students at a young age to understand how they and their families are consuming. Production is the other side of the spectrum and kids can learn how production and consumption work together and keep our economy moving at a constant pace.
 * Second Grade:**
 * [|Toys for Me]
 * ** [|Consumption vs. Production] **

This is a really good interactive website that can tie your lesson about scarcity with history. The kids have to make decisions throughout the lesson just like Lewis and Clark had to do. This teachers them the difference between needs and wants. In addition, the kids have to take into account how many resources they have, and what decision will best serve them in the future. A good site where kids can learn about where certain coins come from. This relates to dealing with scarcity and money because you learn a little bit of the historical value of money in this site. This is an interactive game where kids can explore the town of FedVille and encounter numerous places to spend money. The teacher will have to guide them a little bit in this activity. However, this site is easy for kids to use and they might enjoy taking a tour of the Federal Bank. This page has some good resources for teachers as well as students. This gives the teacher some ideas about having the kids learn economic vocabulary through word searches. Also, there are several articles that a teacher can integrate into the curriculum.
 * Third Grade:**
 * [|Lewis & Clark]
 * [|Pocket Change]
 * [|FedVille]
 * [|Economy for Kids]