Do your students understand basic economic principles like supply and demand? Are they confused with factors of production? This resource is specifically designed to introduce basic economic principles at the beginning of the year for a World Cultures or Geography course.
Your students will participate in extensive vocabulary building with Word Wall terms, vocabulary chart, and a review game. They will then read about different economic principles and factors of production and take notes on their Doodle Notes™. Practice is built into the lesson with image analysis for key concepts and scenarios at the end of the resource. Includes Google Slides™!
– 15 Word Wall images, vocabulary chart, and I have, Who has… review game for key economic terms like: supply, demand, market, industry, wealth, capital…
–2 page reading on Economic Principals with an image analysis to check comprehension and 1 page of Doodle Notes™ to support this topic,
–2 page reading on Factors of Production with an image analysis to check comprehension and 1 page of Doodle Notes™ to support this topic,
-4 scenarios to analyze for different economic principles and factors of production,
⭐Please download the preview to see more information on this resource. ⭐
(6) Economics. The student understands the factors of production in a society’s economy. The student is expected to:
(A) describe ways in which the factors of production (natural resources, labor, capital, and entrepreneurs) influence the economies of various contemporary societies;
(B) identify problems that may arise when one or more of the factors of production is in relatively short supply
(19) Social studies skills. The student applies critical-thinking skills to organize and use information acquired through established research methodologies from a variety of valid sources, including technology. The student is expected to:
(B) analyze information by sequencing, categorizing, identifying cause-and-effect relationships, comparing, contrasting, finding the main idea, summarizing, making generalizations and predictions, and drawing inferences and conclusions;
(C) organize and interpret information from outlines, reports, databases, and visuals, including graphs, charts, timelines, and maps;
© 2021 Social Studies Success, LLC. This purchase is for you and your classroom. Duplication for an entire school, an entire school system, or for commercial purposes is strictly forbidden. Please have other teachers purchase their own copy. If you are a school or district interested in purchasing several licenses, please contact me for a district-wide quote.
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