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