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Grade 3 Social Studies: Economics — Resources & Trade
Name
Date
1.
What is specialization?
2.
What is trade?
3.
What is scarcity?
4.
What is opportunity cost?
5.
What is a market?
6.
Why do people specialize?
7.
Why do communities trade?
8.
If a town has only apples and another has only cheese, why trade?
9.
What is specialization?
10.
What is trade?
11.
What is scarcity?
12.
What is opportunity cost?
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