Description
Opportunity Cost, Economic Choice, & Scarcity for Google Classroom Economics Digital Resources
Looking for a hands-on, engaging way to teach opportunity cost, economic choices, and scarcity? This Google Slides™ resource makes these tricky economic concepts easy for students to understand through interactive drag-and-drop tasks, real-life examples, and short answer reflection questions. It’s a low-prep, high-impact way to get your students thinking like young economists!
What Digital Opportunity Cost & Economic Choice Activities are Included?
This product includes:
- Editable reading passages
- Drag-&-drop: match the definition to vocabulary term (economic choice, opportunity cost, scarcity)
- Drag-&-drop: categorize the examples with the type of scarcity (ingredients, money, and time)
- Short answer: explain why a tomato might cost more in the winter than summer due to scarcity and limited resources
- Short answer: think of a time that you made a choice, and what was given up
- Drag-&-drop and short answer: 5 Google Slides where student will make an economic choice out of two possibilities, then identify the economic choice and opportunity cost
What Do I Receive?
- A PDF containing a direct link to the Google Slides™ resource.
- An answer key to ensure quick and accurate grading.
Why do Teachers Love these Wants & Needs Activities?
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Time-Saving: Ready to assign—no prep required
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Engaging: Interactive tasks and relatable examples keep students invested
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Flexible: Use with Google Classroom, Canvas, Microsoft Teams, or download as PowerPoint
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Aligned: Supports 2nd and 3rd grade economics standards, including economic choice and scarcity
Why Will Your Students Love these Opportunity Cost & Economic Choice Activities?
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Interactive: Fun, drag-and-drop format makes learning feel like a game
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Relatable: Scenarios like choosing between cookies and cake hit home
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Clear: Simple visuals and structured slides guide their thinking
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Challenging: Thoughtful prompts help build real economic reasoning skills
What Do I Need?
- Devices: Works seamlessly on laptops, Chromebooks, and iPads (Google Slides app recommended for iPads).
- Google Account: Access the activities easily with Google Slides.
What Standards Are Covered?
This resource covers the following 3rd Grade Virginia SOL Social Studies 2023 Standards:
3.10 The student will apply history and social science skills to explain basic economic principles by
- defining production, distribution, and consumption of goods and services;
- understanding different cultures and the natural, human, and capital resources they use in the production of goods and services;
- recognizing that because people and regions cannot produce everything they want, they specialize in what they do best and trade for the rest; and identifying examples of making an economic choice and explaining the idea of opportunity cost.









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