Factors of Production Graphic Organizer and Research (Ford, HP, Boeing, Exxon)

Factors of Production Graphic Organizer and Research (Ford, HP, Boeing, Exxon)
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Product Description
Appeal to different types of learners with this inclusive factors of production activity. Start by creating a graphic organizer and then have students apply the factors of production to a company with this tactile and visual learning tool. This product contains two activities: Factors of Production Graphic Organizer and Factors of Production Research Activity.

Factors of Production Graphic:

In this activity students will sort factors of production (natural, labor, capital, and entrepreneurial resources). Students will place the factors of production into a graphic organizer. This activity is great for introducing the factors of production. I use this activity in my Introduction to Business and Marketing course when we talk about the basics of economics.

Included in this product:
• Factors of Production Examples
• Factors of Production Graphic
• Factors of Production Key

Supplies Needed:
• Scissors
• Glue or Tape

Activity 1 Instructions:
1. Provide students with a Factors of Production Graphic and a list of Factors of Production Examples.
2. Students will cut each factor of production out and place in the correct box of the graphic.
3. After each slip has been placed (before allowing students to glue or tape) you should have students check their answers. You can do this individually or as a class.
4. Once students have verified correct placement have them glue or tape the slips into the correct box.

Factors of Production Research Activity:

In this activity students will research the factors of production for a business. Students will use the Factors of Production Graphic to fill in their research. Encourage students to think through the process of a creating a good. A simple “Google search” may not yield all of the answers.

Included in this product:
• Factors of Production Graphic
• Factors of Production Research Activity

Supplies Needed:
• Internet access

Activity 2 Instructions:
1. Assign partners or groups for students to work with.
2. Assign each set of partners or group one of the 4 companies (Exxon Mobil, Ford, HP, or Boeing)
3. Provide students with Factors of Production Graphic.
4. Put the Factors of Production Research Activity PPT on the board.
5. Students should research the factors of production for their assigned company.
6. After students have had time to research their own answers, have students present their findings to the class. Suggested answers are provided in the PPT to help with discussion.


Save $$$ by purchasing this product as part of the Introduction to Economics Bundle.

You may also like the Country Research (Factors of Production and Economic Indicators) Project.
Total Pages
10 pages
Answer Key
Included
Teaching Duration
45 minutes
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