Monday, September 11th-Tuesday, September 12th, 2006

Factors of Production & Intro to Supply

OBJECTIVE 

Students shall be able to

  1. identify the factors of production,

  2. give examples of each of the factors of production.

 

ACTIVITIES

  1. Students shall watch "Mrs. Peabody's Beach."

  2. Students shall identify an example of each of the factors of production from "Mrs. Peabody's Beach."

  3. Discuss.

  4. Students shall watch "Supply on Market Street."

  5. Students shall complete a supply crossword puzzle.

Assignment: Write down an example of each of the four factors of production - land, labor, capital, and entrepreneurship - from "Mrs. Peabody's Beach."

Watch "Supply on Market Street."

Complete the Supply crossword puzzle.

 

ASSESSMENT PROCEDURES

Monitor and adjust, as needed. Check student responses while working. Grade student responses when notebooks are collected.