Living and Working in Ontario · Modern Ontario

Economic Choices

An introduction to basic economic concepts like needs vs. wants and budgeting within a community context.

Key Questions

  1. 1How do communities decide which services to fund?
  2. 2What is the difference between a need and a want?
  3. 3How does scarcity affect our choices?

Ontario Curriculum Expectations

ON: People and Environments: Living and Working in Ontario - Grade 3
Grade: Grade 3
Subject: Social Studies
Unit: Living and Working in Ontario
Period: Modern Ontario

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