Scarcity Activities for 3rd Grade

Instructor: Anthony Cognata

Anthony has taught multiple grade levels in middle school, coached across contents, and has a master's degree in Educational Leadership.

Use the following activities to explore the idea of scarcity with 3rd graders. These activities will drive home the concept of scarcity by engaging different levels of critical thinking with students.

Understanding Scarcity and Economics

Beginning at a young age, engaging students with economic ideas is critical to helping them understand more difficult concepts later on in their education and eventually adult lives. For younger children in particular, economic concepts can be challenging to grasp. With the following activities, we attempt to make real world connections to assist students' comprehension of economic scarcity. Use these activities to provide 3rd graders the base from which other economic concepts can be learned afterwards.

Candy Scarcity

Note: With this activity it is important to consider student allergies. Please use your best judgment - if any of your students suffer from food allergies, then it may be better to avoid this activity. In this case, you can always substitute another item for the candy.

This simple activity easily helps students to understand the basic concept of scarcity.

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