Long ago, people didn't have stores like we do today! They had to make different choices about what they needed and wanted. These choices were often about what they could grow, make, or trade with others. Understanding these economic choices helps us learn about how communities lived and worked together in the past. We will learn how limited resources affected choices and trade.
Match the words on the left with the correct definitions on the right:
| Words | Definitions |
|---|---|
| 1. Trade | a. Items that people need to survive, like food and shelter. |
| 2. Needs | b. The amount of something available. |
| 3. Barter | c. Giving something in exchange for something else. |
| 4. Resources | d. To exchange goods or services without using money. |
| 5. Scarcity | e. When there isn't enough of something to satisfy everyone. |
Use the words from the box to fill in the missing words in the paragraph.
Words: farming, tools, trade, needs, choices
Long ago, people made economic __________ based on what they __________. For example, __________ was very important for growing food. They also needed __________ to help them. Sometimes they would __________ goods with other villages if they needed something.
Imagine you lived long ago and only had seeds to grow either corn or beans. Which would you choose to grow and why? How would that choice affect your community?
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