Resource Overview
In this interactive elementary economics lesson, students simulate global resource distribution by competing for limited resources and experiencing the inequalities that exist between countries. Then, acting as individual countries, they trade and purchase resources to explore market principals and money’s role in the exchange of goods and services.
Use this video alongside our When the Chips are Down lesson plan to help students understand the economic principals of scarcity, surplus, and trade. For more details on this lesson, click here.