---
title: "SSEF1: Scarcity and Economic Choices (Georgia Social Studies standard)"
code: SSEF1
cite_as: Georgia Standards of Excellence, Social Studies, SSEF1
subject: social_studies
grades:
  - high-school
language: en
canonical_url: https://georgiahomeroom.org/standards/code/SSEF1
md_url: https://georgiahomeroom.org/standards/code/SSEF1.md
alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSEF1.md
source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c
source_last_changed: 2025-02-04
data_built: 2026-09-18
publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district.
up: https://georgiahomeroom.org/standards/social_studies/high-school.md
index: https://georgiahomeroom.org/standards/index.md
---

# SSEF1: Scarcity and Economic Choices

Analyze how scarcity affects the choices of individuals, businesses, and governments.

- Subject: Social Studies
- Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md

## Expectations

- **SSEF1a**: Explain that scarcity is a basic, permanent condition that exists because unlimited wants exceed limited productive resources.
- **SSEF1b**: Compare and contrast strategies for allocating scarce resources such as by price, majority rule, contests, force, sharing, lottery, authority, first-come-first-served, and personal characteristics.
- **SSEF1c**: Define and give examples of productive resources (i.e. factors of production): natural resources (i.e. land), human resources (i.e. labor and human capital), physical capital and entrepreneurship.
- **SSEF1d**: Apply the concept of opportunity cost (the forgone next best alternative) to personal choices, as well as business and government decisions.

## Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.