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Please sit in the following seats.

Please sit in the following seats. Sponge: List all the material things you want right now. (Example: ipod , pony) Then list reasons why you do not have these items right now.

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Please sit in the following seats.

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  1. Please sit in the following seats. Sponge: List all the material things you want right now. (Example: ipod, pony) Then list reasons why you do not have these items right now. 1. Anetra2. Chaunya3. Contravious4. Jamario5. Katherine 6. Tatyanna7. Jasmine8. Kyler9. Malcolm10. Tyshiyuana11. Keland12. Tereshia13. 14. Dominique15. Thylas16. Elexis17. Dajonia18. Jayde19. Destinee20. Tiffani21. Danielle22. Quiantae23. Taylor24. Travis

  2. Please sit in the following seats. Sponge: Sponge: List all the material things you want right now. (Example: ipod, pony) Then list some reasons why you do not have these items. 1. Kiara2. Shemeko3. Diamond4. Ace 5. 6. 7. Daeisha8. Janeesha9. 10. Theauna11. Atiya12. Vivian13. Reginald14. Myreon15. 16. Jaynecshia17. Calvin18. Angelo 19. Ashley20. Courtney21. 22. Deangelo23. Anna24. Marquis

  3. Please sit in the following seats. Sponge: List all the material things you want right now. (Example: ipod, pony) Then list some reasons that you do not have these items right now. • Jaresha • Larri’Kethia • Teiaira • Abel • De’Anna • Renea • Torreke • Essence • Tamaria • Camesha • Jocelyn • Kashief • Dijion • Ayesha • Malcolm • Shakedrick • Alexis

  4. Reminders • If you do not take test yesterday, please take after school Thursday. • If you would like to pull up test grade, stay after school Thursday.

  5. Objective SWBAT (Student will be able to) Define scarcity, economics, and resources.

  6. Class Expectations • Be on time • No Food • Cell phones will be taken up after one warning

  7. Activity 1 Directions • You and your partner will act as a mini factory. • Cut/tear up sheet of paper to make as many squares and/or triangles as you wish. • You must use all of the paper. Answer on Paper: • Explain what scarce resources you used to produce squares and triangles. • Why are these items “scarce”? • Describe how this scenario exemplifies scarcity.

  8. Activity 2 Directions You and your partner are going to hang out this weekend. You can do anything/ go anywhere you want. On your paper, write the following • List all the things you want to do this weekend. • Describe what you would actually be able to do given 100 dollars. • Write out a budget to explain your choices. • What options will you have to give up? • Discuss and explain how this relates to scarcity.

  9. Example Budget Braves Game: $20 Gas: $10 Dinner at Waffle house: $10

  10. Activity 3 Think of your own example of scarcity. Why does your example exemplify this term? Be prepared to share with class.

  11. Exit Ticket: Please Copy Question • The study of how individuals, business and nations can best allocate their limited resources is called • Economics • entrepreneurship • c. scarcity calculation • d. government regulation 2) When wants exceed resources it is known as • Economics • scarcity • scarcity • productive resources

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