EconEdLink

Related Lessons

Lesson: Hey, Mom! What's for Breakfast?


Open for Business!

This engaging lesson gives students the opportunity to identify risks and rewards of entrepreneurship and distinguish between entrepreneurs who start a business to produce a good or provide a service.

Grades: K-2
Published: 08/13/2014

Mystery Workers

In this lesson students review the concepts of goods, services, and producers using the Internet to locate examples of each in a teacher's classroom. They learn about the three kinds of resources necessary to produce goods and provide services locating examples from a picture tour of the Crayola Factory. Through interviews they learn about the work of the people in their families and draw conclusions from their findings. Finally, they examine a picture of a farmer working in a field to identify examples of natural, human, and capital resources.

Grades: 3-5
Published: 02/18/2004

Goods and Services: Some are Private, Some are Not

The role of government is to provide for the common defense, define and protect property rights, and enforce contractual arrangements. Throughout the 20th and early 21st century, government has increased its role in economic life. The role of government has expanded to address so-called market failures and externalities by expanding their regulatory reach to address environmental concerns, monopolistic competition and provide public goods. Governments have also introduced various social programs to provide a social safety net for low-income individuals and senior citizens.

Grades: 6-8
Published: 01/03/2012

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Teaching Economics Using Children's Literature

This interdisciplinary curriculum guide helps teachers introduce their students to economics using popular children's stories.

Grades: 3-5
Published: 2006

14 out of 29 lessons from this publication relate to this EconEdLink lesson.

Playful Economics

Designed primarily for elementary and middle school students, each of the 15 lessons in this guide introduces an economics concept through activities with modeling clay.

Grades: K-8
Published: 2011

5 out of 17 lessons from this publication relate to this EconEdLink lesson.

Mathematics & Economics: Connections for Life - 3-5

Mathematics & Economics: Connections for Life answers this question by using "real world" economics and personal finance applications to create a set of 12 hands-on and dynamic mathematics lessons for grades 3-5.

Grades: 3-5
Published: 2005

4 out of 13 lessons from this publication relate to this EconEdLink lesson.