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Tobacco Road
Young scholars discuss the meaning of the word economy and and what colonists used to pay for goods when gold and silver were scarce discovering that the people used tobacco for trade. They then divide into groups of four and pretend...
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The Economic Differences Between the North and the South Prior to the Civil War
Seventh graders identify and explain the economic differences between the North and the South incorporating photographs and a Venn Diagram to interpret the two sides. They complete a KWL and T-chart to assist them with their task for the...
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TSA Chapter Team (Written & Oral)
Students identify and describe how technology is how humans modify the world around them to meet their needs and wants or to solve problems and extend their capability. They also identify how communication, electrical, fluid,...
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Pumped Up Gas Prices
Learners investigate the concepts of differing gas prices and how they are set in different geographical areas. They conduct research about the economic concepts of supply and demand and predict the outcomes upon the prices of gasoline.
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The Great Depression: A World Struggle
Students research the impact of the Great Depression on the United States. In groups, they use the internet to describe each of FDR's New Deal Programs and how it helped unemployment. They also discuss how these programs affected the...
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The Future of China's Economic System
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...
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Money Management
Students explore money management skills and economics thru a creative project where students earn "money" for their assigned "jobs." They keep track of their income and expenses in a transaction record and explore the Excel money...
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World Fair? A Global Classroom Unit On Economic Rights
Students explore economic rights of people. After listening to statements and songs by people such as John Lennon and Mahatma Ghandi, students examine the truths and values depicted by each person. Students participate in a simulation to...
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Command and Market in One Economy
Students organize governmental acts on a chart as either a Market or Command economy. In groups, they note the characteristics of each type of economy and identify their differences. They also explain any item that is related to the...
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ECONOMIC SYSTEMS
Students list and explain the three types of economic systems as well as the three economic questions that every economic society must answer at one time or another. In addition, they identify the five features of our market economy.
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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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Japan's Economic Miracle
Students explore the concepts of price and demand. In groups, pupils simulate the purchase and selling of land in Japan. They create a loan, and make decisions to buy or sell as the economic market fluctuates. Classmates discuss their...
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The Role of Government
Students are introduced to the economic roles of the federal government. Using the internet, they read information related to government spending and the actual dollar amounts attached to budget items. In groups, they develop their own...
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Trade and the Global Economy
Students discuss the role of trade and a global economy. As a class, they identify the costs and benefits of trade and how it is being questioned in today's society. They discover what is imported to the United States and the role of...
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Jamestown's Economy
Students examine goods made and used by Native Americans and colonists at Jamestown. They complete a worksheet noting characteristics of the objects. They answer questions to make generalizations about scarcity and trade.
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Finan Lit.- Econ. Factors, Decision Making, Advertising
Students are able to understand how supply and demand affects the economy and consumers. They introduced to how supply and demand affects the economy and consumers. Students use a rational decision-making process to set and implement...
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A Day at the Market
Students describe role of market place in 18th-century Virginia, explain how trade and economy were part of young person's educational process,
take part in the classroom marketplace, and compare shopping in colonial times and as part...
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"Virtual" Model United Nations Day
Students identify and analyze that Global Interdependence and Internationalism have become major themes in human activity in the areas of population, environment, the world economy, and the United Nations.
Students identify the...
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If the World Were a Village
Pupils examine the conditions of the global economy. As a class, they discuss the political, economic and cultural differences around the world. They review the concepts of distribution and scarcity and identify the costs and benefits...
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The Role of Profits in the Economy
Students discuss the role of profits in an economy. As a class, they explain why profits are an incentive and practice calculating profit and loss. They discover what a firm in capitalism must do to earn profits and explain the...
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Elements of an Economic System
High schoolers review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.
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Show Me Economics - Families Have Needs
First graders explore the four basic needs. Through discussion, 1st graders discover that all people need food, clothing, shelter and love. They create a collage representing the four basic needs. Students sing songs about basic needs.
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Who, What, Where, When, and Why
Learners explain the concepts of market system, command and mixed economy. They describe the differences between needs and wants. They compare and contrast different government and economic systems.
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Finan Lit.- Econ. Factors, Decision Making, Advertising
Students examine how supply and demand affects the economy and consumers.