Title: "Allocating Resources"
Designed for Grades: 11-12
Estimated Time: 50 minutes
National Standards: Complies with NBEA Economics 2023 Standard I.1 Assess opportunity costs and trade-offs involved in making choices about how to use scarce economic resources.
Objectives:
● I.1.13. Suggest what a business or nation should do if economic resources are under-utilized and when a business or nation might choose to store resources.
● I.1.14. Explore common recommendations and alternatives for what a business or nation could do to stimulate economic growth.
Materials:
● Whiteboard or Smart Board
● Economic Growth worksheets
● Student Laptops with internet access
Feeling inspired? Share these insights on social.
If you're not yet a member, click here to learn the benefits of membership.
