Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.
Curated OER
Do I Have What it Takes to be an Entrepreneur - and is My Community Ready?
Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...
Council for Economic Education
What Makes an Entrepreneur?
What do the founders of Wendy's and Virgin Airlines have in common? They are both entrepreneurs! Key definitions and case studies help learners brainstorm their own definitions of what it takes to succeed in business. A series of...
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Council for Economic Education
Entrepreneurs in Mesopotamia
While ancient Mesopotamia didn't have the TV show "Shark Tank," it was a time of entrepreneurship as workers began to specialize. Both individual workers and the societal structure encouraged individuals to consider how they could...
Council for Economic Education
Using an Excel Checkbook
High school is the time that many scholars get their first jobs. Help young entrepreneurs apply economic principles to crucial skills for their new jobs and for functioning in society in general. They use Excel to balance a checkbook by...
Curated OER
Technology, R&D, and Efficiency
For use in conjunction with the 2002 McGraw-Hill/Irwin US Economics text, this presentation highlights key points and important vocabulary. Specific economic concepts and theories, R & D expenditures, rate-of-return curve and...
Curated OER
Entrepreneurs in History
Students examine the contributions of American entrepreneurs. For this industrialization lesson, students complete the provided handouts to determine how Vanderbilt, Carnegie, Hill, and Rockefeller impacted American society. Students...
Council for Economic Education
Christopher Columbus, Entrepreneur? Queen Isabella, Venture Capitalist?
What did it take to embark on a journey to unknown lands? Perhaps ambition, but also money! Christopher Columbus had to approach more than one European monarch for financing before he could sail the ocean blue. A read-along play and...
Curated OER
How Can Entrepreneurs Control Costs?
Students calculate fixed and variable costs. For this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....
Curated OER
Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
Curated OER
Entrepreneur
The students, in groups of four, establish a profitable business in the community. They complete research and conduct presentations.
Curated OER
Entrepreneurship
Do your high schoolers every wonder how to become an entrepreneur? Have them examine real-life entrepreneurs to find out. They discuss the financial needs and responsibilities of entrepreneurs then explore the reality of...
Federal Reserve Bank
Ben Franklin: Highlighting the Printer
By studying Benjamin Franklin's work as a printer, your class will have a fantastic opportunity to learn about the economic concepts of entrepreneurship, human capital, and investment.
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...
Curated OER
Production and Trade
Young scholars discuss production and trade. In this business lesson, students read the book Ox-Cart Man and identify the traits of entrepreneurs. Young scholars discuss ways a person can improve their job performance.
Curated OER
I Want To Be an Entrepreneur
Students define the word entrepreneur as they create a business. In this economics instructional activity, students understand the elements of creating a successful business and record them. Students create a commercial for their...
Curated OER
What is Entrepreneurship?
Eighth graders describe the entrepreneurial process and how it relates to the economy. They work together in small groups to answer questions and participate in small business groups. They use the internet to gather information as well.
Biz Kids
Understanding Business Ethics
After screening an episode by BizKids, scholars show what they know about business vocabulary, then take part in grand conversations about role models and ethical dilemmas.
K12 Reader
Import/Export
The reading passage here uses the example of the American colonies to introduce imports and exports. After reading the text, class members respond to five questions, which require pupils to find facts in the text and form opinions...
Curated OER
How Can Entrepreneurs Control Costs?
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
Curated OER
Cooking Lesson About Goods for Entrepreneur Lesson
Fourth graders experience how businesses are started. In this goods and services lesson, 4th graders learn the story of an Indiana man who started his own chocolate business. Students watch a video about his life and discuss the...
Curated OER
Entrepreneurs Should Keep Business Simple
Delve into the idea of small businesses and get reading to find out how they grow. THe class reads an article about Steve Gotty, a who made his small business grow and discuss the setbacks he faced. They also discuss ways for a company...