Productivity and Specialization
Key Economic Concepts Made Easy
Objectives: Students will be able to:
• Identify the main purpose of business.
• Define productivity, specialization, and division of labor
• Explain the importance and benefits of productivity and specialization for businesses.
• Describe how business can increase productivity.
These worksheets and the PowerPoint were designed to assist with the teaching of key economic concepts that many students struggle with. These concepts have been simplified and broken down into more easily digestible chucks. Several charts have been incorporated in order to enhance learning through visual means. The PowerPoint supports and coincides with the worksheets. These material were designed for special education, ESL, and others students that may have difficulty with the complexity of economics.
Other learning materials you may find helpful:
Goods and Services, THE FOUR FACTORS OF PRODUCTION
Needs and Wants, WHY STUDY ECONOMICS?
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