Students listen to the story and identify the scarcity problem the monsters had—not enough chairs for every monster to have one. Students wear a picture of a want they have drawn and play a version of musical chairs in which the chairs are labeled goods. Students learn that a good can satisfy a want. They also learn that, because of scarcity, not everyone's wants are satisfied.
This lesson plan is designed for teaching grades K and 1.
Book written by Stuart J. Murphy / ISBN: 0-06-028020-4. This book is in print and available.
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