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Printable 8th grade economics guided notes worksheet covering scarcity, factors of production, goods, services, and wealth.
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The Science of Economy Guided Notes

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This printable guided-notes worksheet introduces 8th graders to foundational economic concepts. Students work through definitions and explanations of scarcity, needs versus wants, the four factors of production (land, capital, labor, and entrepreneurs), consumer goods, durable and nondurable goods, utility, and wealth. Useful for introducing an economics unit, as classwork, or for review before a test.

Subject:
Social Studies
Topic:
Economics
Grade Level:
8th Grade
Updated January 2026

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