Grades 6-8, 9-12
This video teaches the concept of Productive Resources. Productive resources are used to produce goods and services and are classified into four categories: land, labor, capital, and entrepreneurship.
In this economics lesson, students will create an assembly line to learn how specialization increases productivity.
Key Concepts: Division of Labor/Specialization, Productivity
In this economics lesson, students will revise a federal budget to understand its contents.
Key Concepts: Budget Deficits and Public Debt, Decision Making/Cost-Benefit Analysis, Roles of Government
In this economics lesson, students will create communities to learn how they provide goods and services.
Key Concepts: Goods and Services
This is a basic lesson of scarcity and resources that can be used for elementary students or students with special…
Key Concepts: Scarcity