Monday, October 29, 2011

Factors of Production


Students shall be able to

  1. identify the factors of production,

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



  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.

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



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