Economics Class Studies Scarcity
Posted on 09/10/2015
This is the image for the news article titled Economics Class Studies ScarcityIn Economics class, students have been learning about scarcity and the concept that there are some resources which are more valuable than others due to their limited supply. Students were given a certain amount of Play-Doh (some received a lot, some received very little) and were supposed to come up with a new idea/invention that they could sell and make money from. Many great inventions were created, ranging from a solar-powered Segway to a cure for diabetes (Mr. Barjenbruch’s favorite). The activity taught students what entrepreneurship was and the fact that a market economy like the United States is driven by profit incentive. Students who did not receive very much Play-Doh realized that it is hard to survive and create something if resources are scarce and you cannot get the resources that you need. It is surprising to see how much high school kids enjoy going back to the glory days and playing with Play-Doh…

-Mr. Barjenbruch

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