Activity
Other

Factors of Production Activities

For Students 9th - 10th
This site provides an activity and discussion that could be used when studying the factors of production.
Activity
Other

Henry George School of Social Science: Factors of Production

For Students 9th - 10th
This site provides a good description of the characteristics of the factors of production (land, labor, and capital), and provides some follow-up questions for discussion.
Lesson Plan
Council for Economic Education

Econ Ed Link: Music, Maestro, Please: Show Business and the Factors of Production

For Teachers 3rd - 5th
The city of Philadelphia, Pennsylvania recently opened a $300 million dollar center for the performing arts, the Kimmel Center. This lesson was developed for a special teacher workshop to incorporate economics and the arts to teach kids...
Website
University of Minnesota

University of Minnesota: 2.1 Factors of Production: Principles of Economics

For Students 9th - 10th
The three factors of production-labor, capital, and natural resources. Explain the role of technology and entrepreneurs in the utilization of the economy's factors. Labor is the human effort that can be applied to the production of goods...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Price of Gasoline: What's Behind It?

For Teachers 6th - 8th
In this lesson plan, learners investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
Handout
Auburn University

Auburn University: Glossary of Political Economy: Entrepreneur, Entrepreneurship

For Students 9th - 10th
Provides a definitive overview of entrepreneur and entrepreneurship from the point of view of an economist.
Handout
Social Studies Help Center

Social Studies Help Center: Free Enterprise at Work: The Circular Flow Model

For Students 9th - 10th
This site shows the flow of payments for the factors of production and for finished products by using the Circular Flow Model.
Activity
Other

Economics in Action: Circular Flow

For Students 9th - 10th
This site uses an interactive Circular Flow Model to show the flow of payments for the factors of production (rent, wages, and interest) along with payments for finished goods and services. Questions are provided which ask the user if a...
Activity
TeachEngineering

Teach Engineering: The Optimization of Slime

For Teachers 9th - 10th
Using their knowledge of the phases of matter, the scientific method, and polymers, student teams work as if they are chemical engineers to optimize the formula for slime. Hired by the fictional company, Slime Productions, students are...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of the Family Farm

For Teachers 9th - 10th
Learn about the status of farming as a career, investigate the management of a family farm, and examine one recent farm crisis in this lesson.
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Khan Academy

Khan Academy: The Production Function

For Students 9th - 10th
Practice what you have learned about the production function in this four-question exercise.
Article
Other

Ergonomics4 Schools: The Learning Zone: Product Design

For Students 4th - 8th
There's a lot more to product design than simply making something look good! A successful product is one that people find easy to use, it does the things that they want it to do, they like to use it and the look of it is appealing to...
Unknown Type
Khan Academy

Khan Academy: Introduction to Scarcity and the Economic Way of Thinking

For Students 9th - 10th Standards
In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...
Lesson Plan
Council for Economic Education

Econ Ed Link: Increasing Productivity

For Teachers K - 1st
This lesson stimulates young scholars' thinking with stories about rigorous athlete training illustrating the importance of training and practice. After students read the story, they will experiment to see how instruction and practice...
Lesson Plan
Council for Economic Education

Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2)

For Teachers 9th - 10th
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Lesson Plan
Council for Economic Education

Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 1)

For Teachers 9th - 10th
Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective....
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Professional Sports: Underpaid Millionaires?

For Teachers 9th - 10th
Over the last century, professional baseball has grown to become one of the most popular forms of American entertainment. Indeed, the sport's nickname - "America's Pastime" - has become embedded in the nation's lexicon. More than 60...
Graphic
Curated OER

Factors of Production

For Students 9th - 10th
This site offers a good description and examples of the factors of production.
Unit Plan
CK-12 Foundation

Ck 12: Elem Math: Relationship Between Factors and Products

For Students 3rd - 5th
[Free Registration/Login may be required to access all resource tools.] The video shows how to fill in a table of factors and products to show the relationship between factors and products of two-digit and one-digit numbers. The video is...
Handout
Auburn University

Auburn University: Labor Productivity

For Students 9th - 10th
This site explains the concept of labor within the free enterprise system. It is a good introduction to connecting labor and productivity. The list of hyperlinks is also a good continuation of related topics.
Lesson Plan
Better Lesson

Better Lesson: Equal Groups: How Many Stars in the Sky?

For Teachers 3rd Standards
Third graders develop their understanding of multiplication by grouping objects into equal groups to model the factors and products.
Activity
Shodor Education Foundation

Shodor Interactivate: Factorize

For Students 3rd - 8th Standards
This Shodor site gives a brief explanation of factorization, and it allows you "to find all of the factorizations of a given number and then draw the product as the area of a rectangle on a grid."
Website
PBS

Pbs Learning Media: Snapshot of u.s. Energy Use

For Students 9th - 10th
This video segment adapted from NOVA/FRONTLINE looks at American energy consumption and the resulting production of greenhouse gases. [4:59]
Handout
Auburn University

Auburn University: Glossary of Political Economy Terms: Capital

For Students 9th - 10th
This Auburn University site has a definition for capital as an economist would use the term.