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Understanding Scarcity

A kindergarten worksheet to introduce the concept of scarcity and making choices.

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True / FalseFill in the BlanksMultiple ChoiceShort Answer

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K.EC.ECON.1scarcityeconomicskindergartensocial studieschoices
6 sections · Free to use · Printable
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Understanding Scarcity

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We all want many things, but sometimes there are not enough for everyone. This is called scarcity. When there is scarcity, we have to make choices!

Listen to your teacher and do your best!

1. Scarcity means there are not enough toys for all the children.

T

True

F

False

2. When there is scarcity, we always get everything we want.

T

True

F

False

1. When there are not enough cookies for everyone, it is called  .

2. When we have scarcity, we have to make  .

1. What does it mean when there is scarcity of pencils?

a

Everyone has many pencils.

b

There are not enough pencils for everyone who wants one.

c

Pencils are very big.

d

Pencils are made of wood.

2. If there is only one ball but many children want to play, what is the best choice?

a

One child plays with the ball all day.

b

The ball is put away and no one plays.

c

The children share the ball and take turns.

d

The children fight over the ball.

1. Imagine there is only one swing on the playground, but two friends want to swing. What choice can they make?

2. Draw a picture of something you have to share because there is not enough for everyone.