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Types of Economic Systems
As an introduction to economics, government classes investigate different types of economic systems (traditional, command, market or capitalist, mixed) to determine answers to basic question about how goods are produced.
Curated OER
A New coat for Anna
Second graders participate in a bartering activity. They discuss the problems of bartering. Students read the book "A New Coat for Anna," by Harriet Ziefert. Students discuss the bartering Anna's mother did. They record the trades made...
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Monkey for Sale
Second graders use play quarters to "purchase" items. They discuss how these are choices the character in the story they will read has to make. Students read the book "Monkey for Sale." They discuss the choices Luzolo makes and how she...
Council for Economic Education
Teaching Economics Using Children's Literature
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
Education Fund
Fear the Scarce Resources
In a life or death situation, what resources would you choose to survive—and why? A zombie attack simulation teaches learners the concepts of scarcity and resources in regards to economics. The hands-on activity requires individuals to...
Museum of Tolerance
And Justice for All? Slavery Not Just in the Past
Slavery in India, Sudan, and Mauritania? What about in the United States? Groups research modern slavery in these four countries, collecting factual evidence (What), determine their feelings about this evidence (So what),...
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Centuries of Economic Growth: From Feathers to Robotics
Young scholars read scenarios about the production of Bibles over five historical time periods. Working in small groups, students create skits and develop a retrieval chart that is used to analyze factors that impact economic growth.
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Limiting Trade
Read a narrative describing various types of trade restrictions, and then engage in a debate about a new tariff. Critical thinkers will evaluate arguments to determine who benefits and who is hurt by the new tariff. Consider assigning...
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Globalization
Students explain the various perspectives on globalization, and the sweeping political, economic, and cultural changes that are taking place as a result of the increasing connections between people of different nations of the world.
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Net Results
Students investigate through role play how decisions by watermen, recreational fisherpeople, and lawmakers influence and are influenced by economics and the abundance or scarcity of fish and shellfish stocks. They consider social,...
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Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
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How Has the Constitution Shaped the Economic System in the United States?
Students examine the characteristics of market economies. In this United States economics lesson, students analyze the Constitution to understand how it contributes to the market economy established in the United States. Students...
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Community Treasures (Rivers and Trees): An Integrated Curriculum Unit
Third graders demonstrate an understanding of geography and its effects on lifestyles and culture. Then they apply basic economic terms and principles
and identify the United States government and history. Students also identify and...
Alabama Department of Archives and History
Booker T. Washington and W.E.B. DuBois
Where to begin? With the vocational education that provides the skills necessary to gain economic security or with a Liberal Arts education? As part of a study of leaders of the civil rights movement, class members compare and...
Curated OER
Ford's Revolution
Industrialization and mechanization of products such as cars have deeply affected the US economy. The class discusses the affects of Ford's assembly line production of automobiles. They watch a video, fill out worksheets, and investigate...
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Saturday Sancocho
Second graders identify the economic principles and processes that are helpful to producers and consumers when making good decisions. Students will read, comprehend, interpret, analyze, and evaluate literary text as well as explain how...
Alabama Department of Archives and History
Alabama Tenant Farmers and Sharecroppers, 1865 to Present
The tenant farming and sharecropping systems that developed in the South after the Civil War, the reasons for their development, and the eventual decline of these systems are the focus of this two-day plan.
University of Texas
Scarcity
How can having too little of something impact your life? Scholars investigate the concept of scarcity in their own lives and in the overall picture of the economy. Brainstorming activities as well as student-parent work bring to light...
Swiss Agency for Development and Cooperation
Gender and Sport
Serena Williams, Mia Hamm, and Danica Patrick are living proof that women enjoy sports just as much as men. Sports enthusiasts read about the importance of gender equality on the playing field. They discover barriers to participation and...
Pittsburgh Ballet Theatre
West Side Story Suite and In The Night Fancy Free
West Side Story and Romeo & Juliet—two classics in their own rights that help young literature lovers better analyze different works. Learners research and compare the characters and story elements of West Side Story and Romeo...
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Taxi: A Book Of City Words
First graders engage in a literature study that helps them to focus on the concepts of goods and services. They describe the various skills people may need at home, school, and work. Students create a map of businesses found in the city.
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What are the Economic Functions of Government?
Twelfth graders identify the six economic functions of government and the classify examples of government actions and policies within various economic functions. They identify and evaluate two different positions on the role of...
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What are the Economic Functions of Government?
Learners examine the role of government in market economies. In this economics lesson, students analyze the 6 economic functions of government as they explore current newspaper stories and categorize them. Learners debate the role of...
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Politics in Your Own Back Yard
Students take a closer look at local government in Britain today. In this current events instructional activity, students visit selected websites to discover a history of county councils and neighborhood authorities. Students...