This Grade 2 Social Studies worksheet explores scarcity and how limited supply makes choices tougher. Grade 2 students work through multiple-choice questions about one cookie, two toys, and scarce water, then fill in blanks using words like scarcity, supply, and wasting. They learn why communities and families must decide carefully when resources are limited, linking economics to real situations that happen almost every single day.

Style:
Busy Bee
Economic Choices
Grade 2
★ Part A: Multiple Choice
Circle the best answer for each question.
1. There is only ONE cookie left and two kids want it. This is an example of what?
 A) Scarcity
 B) Saving
 C) Barter
 D) Taxes
2. The store has only 2 toys but Jose wants 4. Why must he choose?
 A) The store is closed
 B) Toys are scarce
 C) He has too much money
 D) His bag is big
3. Why is scarcity a problem?
 A) It makes things free
 B) There is plenty of everything
 C) People cannot have all they want
 D) Everyone gets more
4. During a long hot summer, water may become scarce. That means water is:
 A) Free for all
 B) Very easy to waste
 C) Limited and must be saved
 D) Not needed
★ Part B: Fill in the Blank
Write the correct answer on each line.
1) When there is not enough of something, we call it scarcity.
2) Because of scarcity, people must make a choice.
3) If a store has only 2 left, the item is in short supply.
4) We can help with scarcity by not wasting things we have.
5) Scarcity makes choices harder because you cannot have both.
🎯

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9 Questions
12-18 minutes
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