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Aprajita Ralli

ARTICLE as YOUNG ECONOMISTS - examining resource allocation

Grades: 9th Grade, 10th Grade
Subjects: Social Studies

Student Instructions

Students will be able to - state the difference between potential and actual resource - ( use graphics to explain this ) Analyze What happens to the value of resources as they become more scarce? ( state your view point with examples ) Discuss if scarce sources should be used - citing examples ( you can be the economist who is recommending a way forward ) and establishing the link with the SOI, they will Examine " how different individual choices by consumers and producers in a market system lead to the allocation of resources”. - describe this https://www.britannica.com/topic/allocation-of-resources All this information can be put together in a paragraph - it can be an opinion based article , which MUST include other perspectives as well - which will be shared with the class and your peers will post their comments as experts .