Penny wants to produce a play. She discovers that she will need more resources, including a lava-spewing volcano and a live turkey.
Essential Question: How does scarcity affect individuals, communities, states, and nations to make choices about goods and services? Have you ever experienced a time when you couldn’t purchase an item you wanted?
Learning Objective: Students will explain that producers use resources to produce goods and services to provide to consumers.
Essential Vocabulary: producers, consumers, goods, services, resources
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