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Social Studies

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  3. Basic Economic Principles
  4. Opportunity Cost

Opportunity Cost Resources

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5th Grade - 6th Grade

Opportunity Cost - Economics - Fundamental Economic Concepts

Opportunity Cost - Economics - Fundamental Economic Concepts

Quiz

Opportunity Cost - Economics - Fundamental Economic Concepts

5th Grade - 6th Grade

Social Studies

Explore the concept of opportunity cost in economics through real-life scenarios and multiple-choice questions. Enhance understanding of economic decision-making and recognize the trade-offs involved in different choices.

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5th Grade

Understanding Choices - Opportunity Cost - Fundamental Economic Concepts

Understanding Choices - Opportunity Cost - Fundamental Economic Concepts

Quiz

Understanding Choices - Opportunity Cost - Fundamental Economic Concepts

5th Grade

Social Studies

Opportunity cost focuses on real-life decision-making scenarios, requiring an evaluation of options and recognition of the value of the next best alternative. Learners develop skills in identifying opportunity costs, enhancing their decision-making in economic contexts.

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Kindergarten - 10th Grade

Understanding Opportunity Cost and Decision-Making - Economic Choices and Trade-offs

Understanding Opportunity Cost and Decision-Making - Economic Choices and Trade-offs

Quiz

Understanding Opportunity Cost and Decision-Making - Economic Choices and Trade-offs

Kindergarten - 10th Grade

Social Studies

Understand the fundamentals of economics by examining the concept of opportunity cost and decision-making. Gain insights into making informed choices by learning about trade-offs and distinguishing between wants and needs.

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4th Grade - 8th Grade

Opportunity Costs and Decision Making - Economics Concepts

Opportunity Costs and Decision Making - Economics Concepts

Quiz

Opportunity Costs and Decision Making - Economics Concepts

4th Grade - 8th Grade

Social Studies

Economics

Focuses on the concept of opportunity costs in economics, guiding learners to make decisions amid limited resources and alternatives. Develops skills in identifying opportunity costs and comprehending economic choices, facilitating the application of these concepts in real-life situations.

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3rd Grade

Decision-Making Skills - Opportunity Cost - Economics Fundamentals

Decision-Making Skills - Opportunity Cost - Economics Fundamentals

Quiz

Decision-Making Skills - Opportunity Cost - Economics Fundamentals

3rd Grade

Social Studies

Explore the concept of opportunity cost and its significance in economic decision-making through real-world scenarios and questions. Understand how choices impact resource allocation, and develop skills in evaluating trade-offs and consequences in both personal and economic contexts.

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3rd Grade - 4th Grade

Understanding Economic Decisions - Choices, Opportunity Cost, and Scarcity

Understanding Economic Decisions - Choices, Opportunity Cost, and Scarcity

Quiz

Understanding Economic Decisions - Choices, Opportunity Cost, and Scarcity

3rd Grade - 4th Grade

Social Studies

Engage with fundamental economic principles such as opportunity cost, scarcity, and decision-making by applying them to relatable scenarios. Enhance critical thinking skills by pinpointing the key factors influencing choices and comprehending the trade-offs involved in everyday decisions.

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4th Grade

Decision-Making Skills - Understanding Opportunity Costs - Microeconomics Concepts

Decision-Making Skills - Understanding Opportunity Costs - Microeconomics Concepts

Quiz

Decision-Making Skills - Understanding Opportunity Costs - Microeconomics Concepts

4th Grade

Social Studies

Explore opportunity cost through real-life scenarios to understand the economic principles behind decision-making. Gain insights into evaluating potential trade-offs and enhance decision-making skills by analyzing various situations.

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1st Grade - 5th Grade

Financial Literacy Skills - Understanding Needs and Wants - Personal Finance Essentials

Financial Literacy Skills - Understanding Needs and Wants - Personal Finance Essentials

Interactive Video

Financial Literacy Skills - Understanding Needs and Wants - Personal Finance Essentials

1st Grade - 5th Grade

Mathematics

Explore the concepts of needs and wants, opportunity costs, and financial decision-making. Gain insights into distinguishing between essential and non-essential items, evaluating costs, and making informed choices to enhance financial literacy.

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7th Grade

Decision-Making Skills - Opportunity Cost & Scarcity - Economic Principles

Decision-Making Skills - Opportunity Cost & Scarcity - Economic Principles

Quiz

Decision-Making Skills - Opportunity Cost & Scarcity - Economic Principles

7th Grade

Social Studies

Explore fundamental economic concepts, including opportunity cost, scarcity, needs, and wants, through engaging scenarios and questions. Learners will cultivate decision-making skills, gaining an understanding of the trade-offs between limited resources and unlimited desires. They will also learn to distinguish essential needs from discretionary wants.

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3rd Grade

Decision Making Concepts - Opportunity Cost & Specialization - Economics Fundamentals

Decision Making Concepts - Opportunity Cost & Specialization - Economics Fundamentals

Quiz

Decision Making Concepts - Opportunity Cost & Specialization - Economics Fundamentals

3rd Grade

Social Studies

Explore economic principles, emphasizing opportunity cost and specialization, through engaging scenarios. Understand economic decision-making and develop skills to analyze and evaluate the cost of foregone alternatives across various contexts.

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6th Grade

Decision-Making - Understanding Opportunity Cost - Economics Concepts

Decision-Making - Understanding Opportunity Cost - Economics Concepts

Quiz

Decision-Making - Understanding Opportunity Cost - Economics Concepts

6th Grade

Social Studies

Investigate opportunity cost through practical scenarios that demonstrate decision-making in diverse situations. Gain insights into how choosing one option involves forgoing the next best alternative, enhancing critical thinking and economic reasoning skills.

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7th Grade - 12th Grade

Opportunity Cost - Decision-Making in Trade - Economics

Opportunity Cost - Decision-Making in Trade - Economics

Interactive Video

Opportunity Cost - Decision-Making in Trade - Economics

7th Grade - 12th Grade

Social Studies

Explore opportunity cost, a key economic concept critical to understanding decision-making and trade. Examine how opportunity cost influences production choices and learn the advantages of trade. Gain insights into how specialization can drive efficiency and productivity. Develop a comprehensive understanding of these principles and their practical applications in economics.

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6th Grade - 10th Grade

Opportunity Cost and Scarcity - Understanding Economics Fundamentals

Opportunity Cost and Scarcity - Understanding Economics Fundamentals

Interactive Video

Opportunity Cost and Scarcity - Understanding Economics Fundamentals

6th Grade - 10th Grade

Social Studies

Explore fundamental economic concepts, concentrating on opportunity cost and scarcity through a thorough examination of market and command economies. Gain insight into informed decision-making by understanding the significance of economic resources and critical thinking processes.

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7th Grade - 12th Grade

Decision Making in Economics - Trade-offs and Opportunity Cost

Decision Making in Economics - Trade-offs and Opportunity Cost

Quiz

Decision Making in Economics - Trade-offs and Opportunity Cost

7th Grade - 12th Grade

Social Studies

Explore key economic concepts such as trade-offs and opportunity cost to enhance understanding of decision-making frameworks. Develop the ability to analyze economic choices and identify potential costs involved in decisions.

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5th Grade

Opportunity Cost - Decision-Making during World War II - Social Studies Concepts

Opportunity Cost - Decision-Making during World War II - Social Studies Concepts

Lesson

Opportunity Cost - Decision-Making during World War II - Social Studies Concepts

5th Grade

Social Studies

Exploration of opportunity cost highlights its impact on decision-making during World War II, using real-life scenarios. Learners will understand how opportunity cost influences both personal and historical decisions and develop critical thinking skills through practical examples.

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2nd Grade

Expense Decision-Making - Understanding Scarcity and Opportunity Costs - Fundamental Economic Principles

Expense Decision-Making - Understanding Scarcity and Opportunity Costs - Fundamental Economic Principles

Quiz

Expense Decision-Making - Understanding Scarcity and Opportunity Costs - Fundamental Economic Principles

2nd Grade

Social Studies

Engage with key economic concepts such as scarcity, opportunity costs, and decision-making in various contexts. Develop the ability to analyze and make informed decisions about resource allocation, thereby enhancing critical thinking and practical economic skills.

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7th Grade

Understanding Opportunity Cost - Decision-Making - Economics

Understanding Opportunity Cost - Decision-Making - Economics

Flashcard

Understanding Opportunity Cost - Decision-Making - Economics

7th Grade

Social Studies

Investigate the concept of opportunity cost by engaging in thought-provoking questions about decision-making processes in economics. Enhance the ability to identify and assess opportunity costs across various contexts, bolstering decision-making skills and economic comprehension.

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5th Grade

Opportunity Cost - Fundamental Economic Concepts - Economics

Opportunity Cost - Fundamental Economic Concepts - Economics

Flashcard

Opportunity Cost - Fundamental Economic Concepts - Economics

5th Grade

Social Studies

Explore opportunity cost, a core economic principle, through relatable scenarios. Enhance decision-making skills by analyzing processes and effectively assessing trade-offs.

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6th Grade - 8th Grade

ML FBLA Exploring Economics - Opportunity Costs

ML FBLA Exploring Economics - Opportunity Costs

Quiz

ML FBLA Exploring Economics - Opportunity Costs

6th Grade - 8th Grade

Social Studies

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7th Grade

Decision Making in Economics - Opportunity Cost and Scarcity

Decision Making in Economics - Opportunity Cost and Scarcity

Flashcard

Decision Making in Economics - Opportunity Cost and Scarcity

7th Grade

Social Studies

Explore essential economic principles such as opportunity cost and scarcity, focusing on how decisions influence resource allocation. Understand the concepts of needs versus wants and learn to prioritize expenditures effectively.

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