Monday, October 29, 2011
Factors of Production
OBJECTIVE
Students shall be able to
identify the factors of production,
give examples of each of the factors of production.
ACTIVITIES
Students shall watch "Mrs. Peabody's Beach."
Students shall identify an example of each of the factors of production from "Mrs. Peabody's Beach."
Discuss.
Assignment: Write down an example of each of the four factors of production - land, labor, capital, and entrepreneurship - from "Mrs. Peabody's Beach."
ASSESSMENT PROCEDURES
Monitor and adjust, as needed. Check student responses while working. Grade student responses when notebooks are collected.