Students examine five major events in Soviet History to introduce the concept of opportunity cost. They identify considered alternatives at the time of decision and examine benefits and cost. They apply these ideas to a typical school day.

Students examine the economic effects of a strong and weak U.S. dollar. They identify the currency used in countries which regularly trade with the U.S., discuss the pros and cons of a strong U.S. dollar, and calculate the prices in...

Students explore the trials and tribulations early colonial life and note its successes. Through literature, Internet research, and interactive software, they engage in various activities to evaluate early social and cultural development.

Students explore different ways of trading to get what they want. In this algebra lesson, students explore goods, money, services and exchange. They compare the use of money to the use of potlach.

Sixth graders explore profit and loss in the wheat trading market.  For this sixth grade mathematics lesson/social studies lesson, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and...

Learners are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...

Learners investigate the role of money in the colonial economy. In this colonial economy instructional activity, students participate in a trading activity, read the booklet "Benjamin Franklin and the Birth of a Paper Money Economy,"...

Fourth graders listen as the teacher lectures about bartering. They work in small groups to define and create a skit about one term related to bartering. Students create an Economic Terms booklet. They review that tobacco was a cash crop...

Students examine the human impact on the tropical rainforests of Ghana, and the connection to people in other countries. They research the threats to rainforests by writing a campaigning leaflet and newspaper article.

Students explore the concept of philanthropy. In this personal finance lesson, students consider economic choices and why people donate to causes. Students investigate the processes of borrowing money and investing money in the lesson as...

Third graders select a product to produce. In teams, pupils participate in hands-on activities to explore the concept of specialization. They discover the differences between a division of labor and independent production. Classmates...

In this impressment and embargo historical term quiz, students define the meaning of several terms so that they may further their own historical knowledge on the aforementioned topic.

After reading a series of fictitious letters that represent actual events during the time period, young historians craft a small town newsletter to explain the causes of the Great Depression.

Pupils examine and trace the origin of an item of clothing. They write, illustrate, and publish a book describing the trade flow that brought their item of clothing to the United States.

Students practice stewardship. In this service learning lesson plan, students respond to those in need after a natural disaster as they investigate philanthropy.

The pupils will become familiar with the methods used to trade agricultural products between countries.1. Allow students to research the trade embargoes the United States has imposed on other countries. 2. Use encyclopedias and almanacs...

Here is an interesting topic. Learners examine the economics that led to the founding of the First Bank of America. They participate in a reader's theater experience depicting the debate between Alexander Hamilton and Thomas Jefferson...

Students evaluate the basic rationale, nature, and consequences fo taxes. They describe why governments need taxes as revenue to provide goods and servicesin this series of activities.

Pupils simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.

Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...

Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...

Students explore the the benefits and problems associated with a barter system in the Colonies and trace its relationship to the development of interdependence that this system creates. An experience of bartering is created in this...

Students role play bartering for goods and services as the French settlers did in colonial Illinois. They start with eight household items to acquire through bartering. They have to calculate values for each object and determine the...

Students investigate the concept of exporting goods from the state of Nebraska. They develop skills of analysis while looking at the goods and services of the state to the international market. They conduct research and create a report...