Description
Scarcity in economics is when there is not enough of a good, and the demand for the good is still high. In this book, readers learn about the causes and effects of scarcity, including facts focused on pandemic-era impacts. Since there is not an endless supply of goods, consumers must make choices. Colorful and clear graphics, such as maps, charts, and infographics, give readers an alternative to text-heavy sources. Action-based activities leave students with an understanding of how scarcity affects the economy. This book also includes a glossary, index, suggested reading and websites, and a bibliography.
