EconEdLink

Related Lessons

Lesson: WIDGET PRODUCTION: Producing More, Using Less


Henry Ford and the Model T: A Case Study in Productivity (Part 1)

When Henry Ford announced he was going to produce an automobile that would be affordable to the masses, he probably did not realize what a great impact his achievement would have on life in the United States and, eventually, the world. Ford’s use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing and initiated a new era in personal transportation. This three-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective. Parts 1 and 2 explore how the Ford Motor Company successfully introduced mass production strategies to the auto industry. Students learn how specialization and investments in capital (machines, people, etc.) increased productivity and allowed Ford to slash the price of his popular vehicle. Students chart a plan for the assembly-line production of bookmarks, test their plan, and make recommendations for improvements. Students also explore how Henry Ford used economic incentives to address a problem created by mass production techniques—worker turnover. An optional Part 3 explains how increased productivity resulted in shifts in the supply and demand for the Model T. Students analyze how a variety of non-price determinants continue to influence the automobile market today. The unit also presents a wealth of extension activities.

Grades: 9-12
Published: 01/05/2007

Transportation: They Say We Had a Revolution (Part 2)

Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons, the students examine the advancements in automobiles, roads, airlines and airports.

Grades: 9-12
Published: 06/03/2009

The Mystery of the Amazing Farmers

In this lesson you will be taking on the role of an an investigative reporter to solve the Amazing Farmer Mystery. The goal will be to use seven clues provided throughout the lesson in order to figure out how so few farmers can produce enough food and fiber for the nation.

Grades: 6-8
Published: 12/12/2001

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.


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

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

Choices and Changes: In Life, School, and Work - Grades 5-6 - Teacher's Resource Manual

This publication contains complete instructions for teaching the lessons in Choices and Changes, Grades 5-6. The Choices and Changes series is designed to help students understand how the U.S. economy works and their roles in the economy as consumers, savers and workers.

Grades: 5-6
Published: 2001

15 out of 15 lessons from this publication relate to this EconEdLink lesson.

The Great Economic Mysteries Book: A Guide to Teaching Economic Reasoning, Grades 4-8

This publication introduces students in grades 4-8 to an economic way of thinking through exploring the mysteries of everyday life. Students solve each mystery by responding to hints provided by simple true/false questions and by reference to a logical system of reasoning that applies basic economic principles.

Grades: 4-8
Published: 2000

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