Description

Overview:

In this lesson, students hear a story about Brother and Sister Bear, who seem to want everything. The little cubs learn that they must make choices because they cannot have everything they want. Students follow along with the story by completing an activity listing all of the goods that will satisfy the cubs' wants. The students then take part in an activity to construct a word web and graphic organizer (table) to identify goods that will satisfy a want. They will make a choice, identify the problem of scarcity, and recognize their opportunity cost.

Subject:

English Language Arts, Economics

Level:

Upper Primary

Grades:

Grade 3, Grade 4

Material Type:

Lesson, Lesson Plan, Reading

Author:

Erin A. Yetter

Provider:

Federal Reserve Bank of St. Louis

Provider Set:

Economic Lowdown Lessons

Date Added:

09/11/2019