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Economics: Scarcity & Trade-Offs Sorting Activity

Engage students with an interactive and dynamic way to explore the core principles of scarcity and trade-offs in economics!

Students will match real-world scenarios with limited resources, tough decisions, and key economic principles, helping them understand how scarcity impacts choices in everyday life.

What’s Included:
60 Total Cards – Featuring real-life scenarios that highlight the concepts of scarcity and trade-offs.
20 Limited Resources Cards (Short Supply?) – Examples such as time, money, and products that are in limited supply.
20 Trade-Off Example Cards (Tough Choices!) – Showcasing real-world choices people and businesses must make when faced with scarcity.
20 Economic Principle Cards (Why it Matters) – Featuring key principles such as opportunity cost, efficiency, and resource allocation.
Blank Cards – Customizable templates for students to create their own scenarios, assess learning, or use in group work.

How It Works:
Students will match a Short Supply? with its corresponding Tough Choices! and Why it Matters to form a complete set.
For example:
Card 1 (Short Supply?): “A burger joint only has 100 buns but 200 hungry customers.”
Card 2 (Tough Choices!): “They sell smaller burgers to stretch the supply, but customers aren’t happy.”
Card 3 (Why it Matters): “Scarcity forces businesses to decide between profits, customer satisfaction, and efficiency.”

Why Teachers Love It:
Hands-On & Interactive – Engages students in real-world scenarios, encouraging discussion and problem-solving.
Builds Critical Thinking – Helps students grasp how scarcity and trade-offs affect everyday choices in economics.
Customizable for Deeper Learning – Blank cards allow students to create their own examples, conduct assessments, or form the foundation of group projects.
Classroom-Ready – Easy to print, laminate, and reuse for long-term classroom use.
Perfect for Economics Lessons – Great for activity centers, group work, or independent study in Grades 7–11.

With 60 total cards, plus blank cards for customization, this resource brings scarcity and trade-offs to life with fun, relatable scenarios!

Help students explore the economics of scarcity—one decision at a time!