Scandium.square

Image licensed under CC BY-SA 3.0

CURRENT EVENT | FEBRUARY 17, 2015

A Rare Earth Monopoly

As the game Monopoly taught us as children, having a monopoly on something can be very profitable. In the 1990’s one man found himself selling Scandium, a rare chemical element used in the Soviet Union during the Cold War, and realized he was the only person with that particular job. Listen to learn how he found this job and how different types of monopolies have different financial outcomes and economic impact.

Want to Listen?

TEACHERS: Access our entire library of lessons and current events!

With a free teacher account, you get:
  • Our lesson collections for Social Studies, ELA, and Science
  • Authentic audio news stories curated for the classroom
  • Teaching resources to check for understanding
  • And new Current Events every school day
Teachers Join Free

Already a Member? Login Now

Story Length: 3:22

Listen to the Story:

Listening Comprehension Questions

  • What was one of Malala Yousafzai’s first experiences with the dangers of religious extremism?
  • After miraculously surviving her attack, what has Malala focused her work on?
  • What is the message that Malala is trying to send to those in power?
  • What does Malala want to do in the future?
  • What are the goals of Malala’s mission to support girls?

Discussion Themes

  • What is your opinion on Malala’s message about the power of education?
  • Why do you think that ISIS might want to silence people like Malala?

Socrative users can import these questions using the following code: SOC-1234