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Scarcity in Current Events
Find a news source that deals with scarcity of some resource. This can be a news video or article. Read/watch the information. Write a brief summary of the situation. Note the source of the information and the title of the article or story. Connect the story to your vocabulary from your Unit 1 Overview. You must identify how scarcity and opportunity costs are presented in your story and then choose at least four other terms from your packet and also relate those to your story. These can be completed in a sentence for each term.
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