HS.SS.1.A
Explain why scarcity and choice are basic economic problems faced by every society.
High School · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010
Standard Unwrapping
AI-generated as a starting point — sign in to edit.Vocabulary
scarcitychoiceeconomic problemssociety
Skills
- explain (why scarcity is a basic economic problem) #dok2
- explain (why choice is a basic economic problem) #dok2
- identify (how scarcity leads to economic choices) #dok1
- describe (how scarcity and choice affect societies) #dok2
- analyze (the relationship between society's resources and choices) #dok3
Learning Targets
- I can identify situations where resources are scarce. #dok1
- I can define scarcity and choice in economic terms. #dok1
- I can explain why scarcity is a problem that all societies face. #dok2
- I can explain why making choices is necessary in economics. #dok2
- I can describe the relationship between limited resources and the need for economic decisions. #dok2
- I can analyze how scarcity forces societies to make choices about resource allocation. #dok3
Big Ideas
- All societies must address the fundamental problem of scarce resources, which necessitates making choices about their use.
- Scarcity and the resulting choices are foundational concepts that shape every economic system and decision.
Essential Questions
- What is scarcity, and why is it considered a basic economic problem for all societies?
- How does scarcity force individuals and societies to make choices?
- What are some examples of choices that societies must make because of scarcity?
- How do different societies respond to the problem of scarcity?
- Why can't all of society's needs and wants be satisfied?