Day 7

Schedule for the day… Chapter 2 Section 2.1 – Economic Resources -Explain how scarcity requires individuals and nations to make decisions about resources. -Describe the four factors of production. Graphic Organizer Activity Activity: What resources does it take?

Day 4

Schedule for the day… Chapter 1 – Basic Economic Concepts -Review Need/Wants Activity -Section 2 – Business Activities Pages 11 – 15 Objectives: Upon completion of this unit, students will be able to: -Explain how profit and competition motivate businesses. -List the activities businesses undertake when developing products and services. -Explain how business impacts you […]

Day 3

Schedule for the day… -Folder Setup Chapter 1 – Basic Economic Concepts Section 1 – A Look at Wants and Needs -Pages 4 – 10  Objectives – Upon the completion of this lesson, students will be able to: -State the differences between wants and needs. -Describe how resources limit the number of wants and needs […]