q. what do you really need? task: you have 5 minutes to get with your partner and generate a list of...

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Q. What do you really need?

Task: You have 5 minutes to get with your partner and generate a list of 10 “Needs”.

Shelter

Food

Clothing

Education

Healthcare

Get with your partner and generate a list of 10 economic “Wants”

Concerts

Music CD’s

Cars

Candy

Ice Cream

Task: Get with your partner and generate a list of 10 goods or services that are scarce.

Q. When something is scarce, what is the price?

Q. What happens when an economic Need is Scarce?

Things that are Scarce in Southbridge:

Affordable Housing ownership.

Venue’s of Entertainment.

Public Transportation

High income jobs.

Q. How do we solve problems of scarcity?

R. Produce More

Someone with the

ingenuity to get the other factors in the

right time and at the

right place – The

Entrepreneur

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