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Econ and Me

(#101) Scarcity

Scarcity occurs when people can't have everything they want and must make choices. Econ tells Sean and his friends that they have an economic problem—a scarcity of space. Deciding to build a clubhouse, they find they also have a scarcity of wood. The swing set is a resource that could support a clubhouse.

LENGTH: 00:14:27
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