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Episode 2: Factors of Production PodcastEpisode 2: Factors of Production Podcast
Publisher
Federal Reserve Bank
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
8th - Higher Ed
Subjects
Social Studies & History
1 more...
Resource Type
Podcasts
Media Length
6:20
Audiences
For Student Use
1 more...
Duration
10 mins
Instructional Strategies
Direct Instruction
1 more...
Usage Permissions
Fine Print: Educational Use
Podcast

Episode 2: Factors of Production

Curated and Reviewed by Lesson Planet
This Episode 2: Factors of Production podcast also includes:
  • Reading Passage
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How does an entrepreneur reach success? Scholars use Econ Lowdown to research the four factors of production in the second lesson of a 21-part economic series. They access podcasts and video links online to analyze how people access capital to improve business. The economic building blocks of land, labor, capital, and entrepreneurship reveal the keys to success in the business world.

27 Views 18 Downloads
CCSS: Adaptable

Concepts

factors of production, economics

Additional Tags

social studies

Instructional Ideas

  • Hand out a factors of production flow chart at the start of the lesson as a preview
  • Assign a reading on the four factors of production to extend lesson

Classroom Considerations

  • Be sure students have online access if they complete the lesson as homework 

Pros

  • Resource provides online questions at the Econ Lowdown Teacher Portal
  • Offers differentiated instruction with both podcasts and video

Cons

  • None

Common Core

RH.6-8.1 RH.6-8.2 RH.6-8.3 RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.11-12.1 RH.11-12.2 RH.11-12.3

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