2.8 - Challenges in Community Economies

From EngageNY

Communities face different challenges in meeting their needs and wants.

2.8a The availability of resources to meet basic needs varies across urban, suburban, and rural communities.
  • Students will investigate what resources are available in their community and what resources are obtained from neighboring communities.
  • Students will examine how available resources differ in communities (e.g., home-grown food available in rural farm areas vs. shopping in supermarkets).
2.8b People make decisions to buy, sell, and use money based on their needs, wants, and the availability of resources.
  • Students will explore economic decision making and the use of money.
2.8c Scarcity, the price of goods and services, and choice all influence economic decisions made by individuals and communities.
  • Students will examine how consumers react to changes in the prices of goods.
2.8d Taxes are collected to provide communities with goods and services.
  • Students will explore the purpose of taxes and how they are collected in their community.

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