Teacher Resources:
Learning Outcome 3.1

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3.1 Explain how scarcity of economic resources results in individuals having to make choices; predict possible consequences of these choices

To find resources on the site associated with the selected Learning Outcome, feel free to browse the Lessons, Reflections, Interactive Pages, BizLife Blog and Learning Large Library listed below. We’ve sorted through the materials for you to save you some time!

 

LESSONS

You can mouse over each illustration for the lesson number and name, and we’ve included a brief content summary of the lesson below each illustration.

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Summary:

  • Objective 3.1: What are the consequences of our choices? How to spend our time or money, and what are the tradeoffs of some different jobs?

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Summary:

  • Objective 3.1: The effects of scarcity, on individuals and groups, Yes, Maslow is in here–not that you have to teach it! 🙂 

BIZLOG BLOG

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Holding a fundraiser is a good way for your community to get involved in raising the funds you need. Here are a dozen great ideas to get you started.

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The Duffily bag isn’t the latest fashion accessory, but rather a lightweight sleeping bag for the homeless. 

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Kickstarter is a potential way to find resources to make your creative ideas a reality.

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William Rabillo used determination and drive to get a car for his single mom.

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In poverty-stricken areas throughout the world, one resource that many of us take for granted can be surprisingly hard to come by:  light. Specifically, indoor light.

INTERACTIVES AND VIDEOS

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Money can do a lot; it can provide you with shelter, food, entertainment, and also opportunities, it all depends on what you choose to do with it. The tricky thing about choices is that there are always consequences, good or bad, and that can be especially true with money.  How you manage your resources and budgeting is very important; and even decisions that seem small or insignificant may actually have long lasting and wide reaching effects.

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In 1943, Abraham Maslow developed a description of the needs that motivate human behaviour.  He considered it a hierarchy, because in order to fulfill our own higher needs, the lower, or more basic ones, need to be taken care of first. Here’s an interactive map of the pyramid ready and waiting to be explored and discussed.

LEARNING LIBRARY RESOURCES

We’ll be adding links and materials here as the program grows so you can choose additional or bonus materials for the students, or plan a class around current events or outside websites or books.