Florida SS.3.E.1.1

Social Studies3rd GradeBeginning Economics

The Standard

Give examples of how scarcity results in trade.

Florida Next Generation Sunshine State Standards for Social Studies

Teacher's field guide

What Students Need to Do: Students recognize when people do not have enough of a wanted good or resource. They explain why people exchange goods, services, or money to get what they lack.
What Mastery Looks Like: Given a simple scenario, students identify what is limited, who needs it, and what could be traded. They can explain what each person gains from the exchange.
Common Misconceptions: Students may think scarcity means nothing is available, rather than less is available than people want. They may also think trade only means swapping objects and does not include money or services.
How to Assess It: Give students this prompt: “Maya has extra pencils but needs paper. Leo has extra paper but needs pencils. Explain why they might trade.”

Lesson moves

Give pairs uneven sets of pencil, paper, and eraser cards, then let them trade to complete a school supply list.
Ask students to write about something they lacked and what they could offer someone in exchange for it.
Play a scenario sorting game where students label each card as scarcity, trade, both, or neither.
Examine produce labels from a grocery store, then discuss why stores trade with growers in places where those foods are available.

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