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Economics: Old Toy - New Market

Students discover how new markets can be created for old products. They examine the development and expansion of Legos and the Disney company into other ventures. They investigate how businesses consider cultural and social differences when expanding their products into foreign markets by creating a menu for a new LEGOLAND park in Japan.

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Resource Details

Grade
3rd - 5th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Duration
1 day
Instructional Strategies
Simulation
1 more...
Included Materials
  • Worksheet