Enduring Understanding(s)
The economy of a region is influenced by geography and resources available. People and places exchange goods and services in order to survive and thrive. The abundance or scarcity of a resource will help determine its value. |
Essential Question(s)
How are goods and services exchanged and regulated? How does the economy of a region vary depending on the resources available? How does the abundance or scarcity of a resource help determine its value? |