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The students and I will review their vocabulary cards that I will provide. Words like
consumer, goods, services, etc. will be present. (10 minutes)
Students will use the vocabulary they have learned to create a flow chart/graphic
organizer that simulates an economic system. In their table groups, students will be
manipulating word cards including the words/phrases natural resources, economic
systems, how will goods and services be produced?, which are used to produce goods
and services, but resources are limited and human wants are unlimited which results in,
capital resources, choices in order to answer, every society has resources, who will
consume the goods and services?, human resources, every society has resources,
scarcity which means people must make, what goods and services will be produced?,
into the flow chart mentioned above. After completing the flow chart/graphic organizer a
class discussion will be implemented that ultimately leads to the correct flow chart on the
overhead for all the students to see. (20 minutes)
The students will ask any questions they may have. (5 minutes)
Accommodations:
Students will have cards to create their own flow charts; this will cater to students who
are hands-on learners.
Assessment:
Students will accurately complete the flow chart with their word cards.