7th Grade Needs, Wants and Choices Worksheets
Ages 12-13 · Free previews · Print-ready PDFs
Written by Adi Ackerman, Head Teacher
Scarcity means there is not enough of something for everyone, so people must make choices. There are 3 sheets for 7th grade here, each with an answer key. Cost-Benefit Analysis of a Town Decision weighs explicit and implicit costs. Opportunity Cost on a Production Graph uses a made-up island. Scarcity and Ways to Allocate Goods sorts methods such as price and lottery. Two of the sheets practice D2.Eco.1.6-8.
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Explore all of our 7th grade economics and money worksheets, covering personal finance, needs, wants and choices, economic systems, taxes and what they fund, and more.
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