Curated OER
The Goat in the Rug
Young scholars identify producers, resources and goods. In this economics lesson, students read the book The Goat in the Rug and define producers, resources, and intermediate goods. Young scholars construct a rug which depicts the story...
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Goods and Services
Second graders demonstrate their understanding of goods and services through group presentation. In this simplified economics lesson, 2nd graders are divided into groups representing a particular market. They then create posters with...
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Give and Take
Second graders are introduced to the differences between goods and services. In groups, they discover whether a given occupation offers a good, service or both. To end the lesson, they pick one occupation that interest them, draws a...
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Goods and Services
Pupils investigate the relationship between goods and services in this instructional activity. They access the provided internet sites to research the meaning of goods/services and learn about different service jobs. They complete the...
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Exchange of Goods and Ideas in the Ancient Mediterranean
Ninth graders begin the activity by discussing and locating the trade routes in the Mediterranean. Using pieces of pottery and coins, they discuss how it shows the culture of an area and create a chart showing the value of the coins. ...
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Why Do I Want All This Stuff?
Learners identify two factors that determine consumer demand as well as substitutes and complements for selected goods and services. After examining advertisements, they distinguish between fact and opinion and explore the factors that...
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Life of a Dollar Bill
Students examine the basic need for money and the circular flow of resources between households, businesses, government, and financial institutions. They discover how money gets into circulation and how it facilitates the production of...
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Producers of Goods and Services
Students use newspapers to brainstorm a list of the producers of goods and services in their community. In groups, they organize coupons based on the good or service and create a chart to organize the information. They discuss the...
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Cultural Exchange
Students are introduced to the concept of cultural exchange and identify two examples of the concept. Individually, they research two specific examples of exchange and write about how it affected the two groups involved. They identify...
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Economic Decisions
Students practice decision-making skills by planning vacation, including all proposed expenses. Students distinguish between needs and wants, identify difference between goods and services, and describe economic resources used in...
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The Basic Questions: What, How, and For Whom?
Students review the various types of economic systems. As a class, they identify the three basic economic questions: what?, How?, and For Whom?. Using capitalism as an economic system, they discuss how each question is answered.
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Money as a Means of Exchange
First graders discover the term bartering as used to pay for wanted items. They play a bartering game to discover exchanging goods for wanted items and play the computer money game on the "Show-Me Economics" web site.
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Goods and Services?
Students distinguish between goods and services, and identify that goods and services are used to satisfy needs and wants. They view illustrations from books to find and chart examples of good and services and make connections that goods...
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Traveling the Silk Road
Students take a virtual trip down the Silk Road. Using a map, they trace the location of the trade route and others that were developed later. They use different spices and goods to trace how they came to the Americas. They answer...
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Let's Make a Deal- Barter 208
Students analyze and evaluate the barter system. They discuss the barter is the proper term for making deals. They participate in a simulation to illustrate each kind of barter.
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Goods for You!
Young scholars define "goods" and "services" and identify examples of both. They read farm books and discuss what we use from animals and plants on a farm. They observe the Wisconsin quarter reverse and locate Wisconsin on a map.
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Occupational Circles
Students distinguish service occupations from product occupations by looking at photographs and listening to descriptions of each one. They choose an occupation that interests them and decide if it is a service or product occupation.
Alabama Learning Exchange
Goods and Services
First graders demonstrate the difference between goods and services.
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Identifying Natural Resources
Third graders identify natural resources within SE Utah and the Four-Corners regional environment, that provide for community development.
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What is Taxed and Why
Young scholars are exposed to the need for federal, state and local governments to tax constituents to provide goods and services for their residents. They identify the different kinds of taxes and give examples of the goods and services...
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On Market Street
Second graders study basic facts about consumers and consumer goods. The book "On Market Street" is used in this lesson.
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Where is Agriculture?
Students study agriculture. For this agriculture lesson, students investigate how agriculture helps to meet a family's needs. Students identify things in their home that began as agriculture.
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Heave, Ho the Cargo!
Students identify, sort and graph samples of goods from the Great Lakes. In this science and math activity, students describe a "good" and sort them into living and non-living categories. Students graph the results.
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TRADERS' GAME
Students play a game aimed at demonstrating how relationships with other communities or countries affect the food and fiber system. The game simulates the unequal distribution of natural resources which creates the need for...