Curated OER
Cooking Lesson About Goods for Entrepreneur Lesson
Fourth graders experience how businesses are started. In this goods and services lesson, 4th graders learn the story of an Indiana man who started his own chocolate business. Students watch a video about his life and discuss the goods he...
Curated OER
In the Chips
Twelfth graders explore how markets exist whenever buyers and sellers exchange goods and services and that market prices are determined through the buying and selling decisions made by buyers and sellers. They also study how the market...
Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Curated OER
Producers, Consumers, Goods and Services
Second graders explore producers and consumers. In this social studies lesson plan, 2nd graders read a story and discuss the concept of producers, consumers, goods and services. Students portray various roles and discuss if they are a...
Curated OER
Woof! Woof! At Your Service
First graders study goods and services. In this economics lesson, 1st graders discuss the goods and services one could encounter in different places, for example the goods and services at a kennel.
Curated OER
Producers of Goods and Services
Students use newspapers to brainstorm a list of the producers of goods and services in their community. In groups, they organize coupons based on the good or service and create a chart to organize the information. They discuss the...
Curated OER
Resources of Indiana
Fourth graders examine the resources of Indiana and how they are used to produce goods. For this resources of Indiana lesson, 4th graders explore historical periods in Indiana as they relate to its resources. Students discover that the...
Curated OER
Lemonade For Sale
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural...
Curated OER
Goods for You!
Students define "goods" and "services" and identify examples of both. They read farm books and discuss what we use from animals and plants on a farm. They observe the Wisconsin quarter reverse and locate Wisconsin on a map.
Curated OER
Who Am I? - Charades
First graders play a game of charades, acting out the roles of producers and consumers. This interactive lesson illustrates how goods and services are produced and consusmed.
Curated OER
Goods for You!
Have your class learn about Wisconsin and farming. Learners begin by listening to stories that describe farming and engage in a discussion of goods and services. They could also compare the goods and services provided in different states.
English Enhanced Scope and Sequence
Research Project Embedded with Media Literacy
Here is a phenomenal language arts lesson on media literacy for your middle and high schoolers. In it, learners produce a research product in the form of a public service announcement (PSA). First, they view examples of these PSA's to...
Curated OER
Give and Take
Second graders are introduced to the differences between goods and services. In groups, they discover whether a given occupation offers a good, service or both. To end the instructional activity, they pick one occupation that interest...
Curated OER
Production: Specialization and Division of Labor - Grade Three
Learn about the concept of specialization of labor with your class. In this specialization of labor lesson, 3rd graders work in teams to produce a product. They work in either a division of labor or independent production method. They...
Federal Reserve Bank
Little Nino's Pizzeria
Engage your youngsters in basic economics by connecting the terms to dessert and pizza! After a discussion about intermediate goods and natural resources, learners read and connect a pizzeria to economic terms.
Curated OER
Why Do I Want All This Stuff?
Students identify two factors that determine consumer demand as well as substitutes and complements for selected goods and services. After examining advertisements, they distinguish between fact and opinion and explore the factors that...
Curated OER
Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Curated OER
Producing and Consuming
Second graders make a booklet. In this economics lesson, 2nd graders define producers and consumers. They make an assembly line accordion booklet to demonstrate how producers and consumers work together to make and use goods.
Federal Reserve Bank
The Little Red Hen Makes a Pizza
Make a study of producers and consumers with an updated version of the classic story The Little Red Hen (this one is called The Little Red Hen Makes a Pizza). After reading and discussing the story and terms, learners practice being...
Curated OER
Can We Be Both Conservationists and Consumers?
Students explore their role as consumers and conservationists and what roles they play in today's economic climate. They explore resource allocation issues. Students analyze data and draw comparisons between historical and present-day...
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Wise Spenders and Savvy Savers
Second graders investigate the business community in their own town. They design interview questions before interviewing business people. They look at what type of good and services are offered in their area. They design a multimedia...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Curated OER
Resources
Students watch a video in which they tour a factory. While viewing the video, they take notes on the types of resources they see and group them according to natural, human or capital resources. They discover the difference between...
Curated OER
Community Helpers Wheel
Students play a game to reinforce the understanding that some community helpers are producers of goods, and some provide a service. Students identify community helpers and their jobs.