This video teaches the concept of Scarcity. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist.

After you view the view, take the quiz.

After viewing the video, take the interactive quiz and submit the quiz.

Each class has a class code

Period 1 – CE-001

Period 6 – CE-006

Period 7 – CE-007

Period 8 – CE-008