The Great Depression
What Happened?

This Integrating Technology ebook was designed & developed for
Coach Gunn's Economics Class at Camden County High School

Georgia Performance Standard: SSEF1- The student will explain why limited productive resources and unlimited wants result in scarcity, opportunity costs and trade offs  for individuals,  businesses and governments.

a. Define scarcity as a basic condition that exists when limited productive resources  exceed unlimited wants.

b. List a variety of strategies for allocating scarce resources.

c. Define opportunity cost as the next best alternative given up when individuals, businesses and governments confront scarsity by               making choices.

PLO: Through a series of online research the student will explain what effect scarcity, opportunity costs, and production costs played on the Great Depression