Description
Teaching economics to 7th graders in Texas History can be tough! Do your students understand the free enterprise system? This resource is designed to help your students explain the impact of economic concepts within the free enterprise system such as supply and demand, profit, and world competition on the economy of Texas with Word Wall images, a Vocabulary Activity, informational text, Doodle Notes™, Texas specific Economic Placards, Scavenger Hunt Questions, and Economic Scenarios to analyze.
Your students will participate in extensive vocabulary building with Word Wall terms, and a vocabulary matching game. They will then read about basic economics, and the free enterprise system and take notes on their Doodle Notes™. Students will then use Scavenger Hunt Questions and find their answers on different Economic Placards. Practice is built into the lesson with Texas based scenarios at the end of the resource.
You will receive:
–Directions for the activity,
-Word Wall images and a vocabulary chart for key free enterprise terms. These terms include: capital, consumer, demand, entrepreneur, free enterprise, goods, industry, labor, market, production, profit, regulation, services, supply, wage, & wealth,
–Three pages of informational text on the basics of economics and the Free Enterprise System and two pages of Doodle Notes™,
–Scavenger Hunt Questions and placards on principles of free enterprise including: profit motive, minimal government regulation, property rights, taxes, natural resources, labor, capital, entrepreneur, and competition, all with a Texas focus! *Please note – these align directly with 8th grade STAAR questions!
-Four Texas based economic scenarios to analyze on the free enterprise system,
–Google Slides™, and
–answer keys.
⭐Please download the preview to see more information on this resource. ⭐
7th Grade Social Studies TEKS
7.12(B)
explain the impact of economic concepts within the free enterprise system such as supply and demand, profit, and world competition on the economy of Texas
7.7(B)
define and trace the impact of “boom-and-bust” cycles of leading Texas industries throughout the 20th and early 21st centuries such as farming, oil and gas production, cotton, ranching, real estate, banking, and computer technology
7.11(B)
explain the changes in the types of jobs and occupations that have resulted from the urbanization of Texas
7.12(A)
explain the impact of national and international markets on the production of goods and services in Texas, including agriculture and oil and gas
7.12(C)
analyze the impact of significant industries in Texas such as aerospace, medical, and computer technologies on local, national, and international markets
7.19(B)
identify Texas leaders in science and technology such as … Michael Dell,
7.20(B)analyze information by applying absolute and relative chronology through sequencing, categorizing, identifying cause-and-effect relationships, comparing, contrasting, finding the main idea, summarizing, making generalizations and predictions, and drawing inferences and conclusions
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© 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.
Please review all product descriptions and previews. If you have a question, contact me before you purchase at SocialStudiesSuccess1@gmail.com. As this is a digital product, all sales are final.
❤️ Dawn
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