In this lesson students learn about demand and factors that cause demand …
In this lesson students learn about demand and factors that cause demand for a good or service to change. They also learn to recognize factors that influence their behavior as a consumers. Students will define quantity demanded, give examples of changes in demand caused by changes in consumer tastes and preferences, consumer income, number of consumers, and prices of related goods and services. Students will identify an increase or decrease using in a graph. Students will also predict an increase or decrease in demand when given pertinent information and explain what causes a shift in demand.
Throughout this lesson students take note of the role of risk and …
Throughout this lesson students take note of the role of risk and incentives as factors found in all entrepreneurial pursuits. They will analyze, compare and evaluate personal characteristics of entrepreneurs. They will also develop a greater self-understanding as they determine if they have the traits found in successful entrepreneurs. Finally, students set goals, which will help them to become more entrepreneurial.
In this lesson students learn decision making skills that will help them …
In this lesson students learn decision making skills that will help them become better consumers. They learn about the importance of price information in making their decisions. Students will gather information on different brands of athletic shoes and determine the best buy. Then, students identify a toy or game they would like to buy. To help determine where to purchase their toy or game, students gather information from online resources. Finally, students conduct interviews to determine how adult they know use e-commerce. They draw generalizations from their data and create a report of their findings.
In this lesson, students review the concepts of goods, services, and producers …
In this lesson, students review the concepts of goods, services, and producers while identifying 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. Students will explain the roles and impact producers and consumers have on the economy. Finally, they examine a picture of a farmer working in a field to identify examples of natural, human, and capital resources.
Students will identify examples of productive resources; categorize productive resources as human …
Students will identify examples of productive resources; categorize productive resources as human resources, capital resources, and natural resources; explain that an entrepreneur is a special type of human resource identify examples of intermediate goods.
Students will list characteristics associated with an entrepreneur, which will be used …
Students will list characteristics associated with an entrepreneur, which will be used to create a definition of an entrepreneur. Using their definition students should be able to identify an entrepreneur and explain why the entrepreneur is an entrepreneur and explain the difference between an entrepreneur and an intrapreneur.
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