What is scarcity? — Price Square · Demand & Supply
Detective Pip hears the word scarce all over Price Square and wonders what it means. Free Demand & Supply game on MyLeoNes for ages 7–17; not financial advice.
Your task
Is each sentence true or false?
- Something is scarce when there is not enough of it for everyone who wants it.
- Invented stories to learn from. Prices and shops in them are made up, and this is not financial advice. Ask a trusted adult before buying or selling anything for real.
- Never share personal or payment details online. Nothing about you is collected.
Score
- Understanding trade — You understood how this part of trade works.
- Wise choices — You weighed your options before choosing.
- Fair play — You treated buyers and sellers fairly.
In real life
Every society faces scarcity, because people's wants are bigger than the time, money and resources available.
Price Square
Invented stories to learn from, not financial advice. Before buying or selling anything for real, ask a trusted adult. Nothing about you is collected; progress stays on this device.
Keep exploring
Other languages
Loading MyLeoNes™…