Resources:
Econopolis:
This project is to
increase kids' understanding of money, economics, goods, services,
producer, consumer, supply, demand, free enterprise, opportunity cost,
and trade.
Trading Around the World Play this game to experience the
challenges and excitement of international trade. See if you can get
the best price for the goods you sell and the biggest bargains for
the goods you buy.
USDA
United States
Department of Agriculture
Foreign Agricultural Service
Export/Import Statistics
for Bulk, Intermediate, and Consumer Oriented (BICO) Foods and
Beverages
Understanding Economics: This program provides an overview
of economic principals and uses examples that students may encounter
in their own lives.
United Streaming.
How Our Economy Works: All About Earning and Spending Money:
People work to earn money to satisfy their basic needs and wants.
Help students understand the two, as well as the difference between
goods and services. Explore a variety of jobs, including production
and service workers, and introduce students to banks and the concept
of saving money. United Streaming.
Suggestions for English Language Learners:
(E/B=Entering/Beginning, D=Developing, E=Expanding)
(E/B) Students state daily
personal needs.
(E/B) Students describe how personal needs are met (i.e.
"When I was little I....Now I...").
(E/B) Students construct graphs such as circle graphs, bar
graphs, line graphs, picture graphs to show economic trends.
(E/B) Students create a multi-flow map to show cause-effect.
(D) Students discuss how personal needs change over time.
(D) Students skim and scan for information.
(D) Students take notes and write short reports.
(D, E) Students research in groups and then describe how
changes in importing/exporting have affected jobs in the community.
(D, E) Students research with a partner the impact of new
means of communication and transportation.
(E) Students debate advantages and disadvantages of future
advances.
(E) Students predict consequences of personal needs not being
met.
(E/B, D, E)
Students copy the definitions of consumer and
producer and illustrate.
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