Description
This activity encourages students to consider what it is like to be an entrepreneur in different economic climates. First, students decide what product they will manufacture, to whom they will sell it, and how they will market their product. The students will use a graphic organizer to investigate how their plan would need to be changed if they were in different types of economies such as, Market Economy, Command Economy, Tradition-Based Economy, and Mixed Economy. Finally, students will use their graphic organizer to create a written summary of their plan and compare the types of economies.
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Highlights
Digital downloads
Grades
4th - 7th
Subjects
Pages
2
Teaching Duration
1 hour
Description
This activity encourages students to consider what it is like to be an entrepreneur in different economic climates. First, students decide what product they will manufacture, to whom they will sell it, and how they will market their product. The students will use a graphic organizer to investigate how their plan would need to be changed if they were in different types of economies such as, Market Economy, Command Economy, Tradition-Based Economy, and Mixed Economy. Finally, students will use their graphic organizer to create a written summary of their plan and compare the types of economies.
Report this resource to TPT
Reported resources will be reviewed by our team. Report this resource to let us know if this resource violates TPT's content guidelines.
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