Federal Reserve Bank
Lesson 4: Back to School
Based on your current level of human capital, how long would it take you to earn $1,000,000? What about your potential human capital? Learners explore the importance of education and experience when entering the workforce, and compare...
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...
Curated OER
Lemonade For Sale
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural...
Center for Entrepreneurship and Economic Education
Popcorn Economics
Scarcity of resources is a fundamental economics concepts that kids need to understand. You'll use a large bag of popcorn to demonstrate this concept. Have the class come up row-by-row to fill their snack bags with popcorn. By the last...
Curated OER
Three Little Pigs: Human, Natural and Capital Resources
First and second graders will learn about natural, capital , and human resources through the story The Three Little Pigs. They will listen to the story, write down what they know about straw, wood, and brick, then complete a chart...
Federal Reserve Bank
Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
Federal Reserve Bank
Little Nino's Pizzeria
Engage your youngsters in basic economics by connecting the terms to dessert and pizza! After a discussion about intermediate goods and natural resources, learners read and connect a pizzeria to economic terms.
Curated OER
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...
Curated OER
Little House In the Big Woods
Students explore economics by reading classic literature with their classmates. In this farm production activity, students read the famous story Little House in the Big Woods by Laura Ingalls Wilder. Students complete handouts based upon...
Carolina K-12
Comparing Economic Systems
How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
Curated OER
A Differentiated Way through Think Dots
Students examine reasons that led people to explore, identify "West" as defined following Revolutionary War, explain importance of finding natural resources, develop time line of dates and events leading up to Lewis and Clark Expedition,...
Curated OER
The Goat in the Rug
Students define productive, capital, human and natural resources and intermediate goods, then classify these things by how they are used in a production process. In this resources/goods lesson plan, students listen to the story The Goat...
Curated OER
How Resourceful Are You?
Students investigate the concept of resources. They differentiate between natural, human, and capital resources. Prior to the lesson the students need to build background knowledge of goods, services, needs, and wants. They create a...
Curated OER
Being Resourceful: Wisconsin quarter reverse
If your class understands goods and services then they'll be ready for this lesson on various resources. After reading a series of books and engaging in class lecture and discussion, pupils will fill out worksheets. They will list...
Council for Economic Education
Great Civilizations Develop around Rivers
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
Curated OER
Teaching Economics Using LUNCH MONEY
Learners, after reading the book "Lunch Money" by Andrew Clements, explore money and different saving places. They research different ways in which productivity has increased over the years, they examine products to determine if the...
Curated OER
Human Power or Machine Power
Students compare different means for accomplishing tasks. They explain benefits and liabilities for the above different means. Exploration is studied in photos of laborers, animals and machines doing work.
Curated OER
Introducing Industries
If you are looking for a way to explore Michigan's resources, physical features, and more, this lesson is for you. After discussing Michigan and the Great Lakes, learners fill out a graphic organizer identifying the state's natural...
Curated OER
Resources of the Three Little Pigs
Second graders, after listening to the The Three Little Pigs, identify the natural, human, and capital resources involved in creating each house.
Curated OER
How Resourceful Are You?
Students examine the Nevada state quarter and discuss items on the quarter, categorizing them as natural resources, human resources, or capital resources. They paste other coins into correct categories depending on the resources depicted...
Curated OER
Men of Steel
Students explore early 20th century steel making. In this U.S. history steel making lesson, students view and describe a postcard and a picture depicting exaggerated aspects of the steel industry. Students listen to a poem about Joe...
Curated OER
Chapter 17: Economic Growth and the New Economy
Is economic growth necessary to remain a relevant world power? These slides discuss the definition and implications of growth economics, complete with global comparisons and ways to account for growth. Graphs and charts are easy to read...
Curated OER
Harvesting Hope: The Story of Cesar Chavez
Students identify productive resources that are important to migrant workers. In this lesson on resources, students give examples of natural resources, human resources and capital resources that apply to migrant workers. This lesson has...
Curated OER
An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...