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...

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...

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...

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...

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...

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...

While the Black Death wiped out a third of Europe's population during the Middle Ages, its destruction paved the way for better wages for workers and even an early form of modern capitalism. The relationship between the cataclysmic...

Both Athens and Sparta made choices to survive in ancient Greece. Those choices were, in essence, economic ones about how to direct resources. A Venn diagram activity and reading ask class members to examine the connection between...

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...

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...

How tall is the Empire State Building? Lead your class through a collaborative estimation activity to determine the number of quarters it would take to reach the top and teach the following concepts: human capital, human resources,...

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.

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...

Second graders, after listening to the The Three Little Pigs, identify the natural, human, and capital resources involved in creating each house.

Do your part to make manufacturing more manageable. A capstone project challenges each group to identify and research a manufacturing process for a product. To complete the activity, they create a presentation for business and community...

It doesn't take a lecture on economics to convince teenagers that one's wants often exceed one's means, but this presentation will hopefully help them to understand the discrepancy. Using an example of pizza and robot arms, the slides...

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.

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...

Students identify productive resources that are important to migrant workers. In this lesson plan on resources, students give examples of natural resources, human resources and capital resources that apply to migrant workers. This lesson...

Practice reading comprehension with this informational economics instructional activity. 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...

Get your class working on the railroad with this detailed and interactive lesson. After reading and discussing Ten Mile Day, learners explore division of labor, human capital, and productivity with a hands-on group activity in which they...

Students watch a video in which they tour a factory. While viewing the video, they take notes on the types of resources they see and group them according to natural, human or capital resources. They discover the difference between...

What are the different ways that people can invest in their human capital for a better future? Pupils participate in an engaging hands-on activity and analyze data regarding unemployment, the ability to obtain an education, and median...

Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important...