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Profit Video and Quiz

This video teaches the concept of Profit. Profit is income received for entrepreneurial skills or risk taking and is calculated...
Key Concepts: Business Costs and Revenues, Entrepreneurs, Market Structure…

Transportation: They Say We Had a Revolution (Part 3)

Advancements in transportation have played a key role in the growth of our nation. U.S. government policies have also had...
Key Concepts: Balance of Trade and Balance of Payments, Business Costs and Revenues, Economic Systems…

How Labor Got Its Day

If you asked students what comes to mind first when they think of Labor Day, what do you think they...
Key Concepts: Division of Labor/Specialization, Economic Institutions, Goods and Services…

What Happened to Railroads?

Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral...
Key Concepts: Business Costs and Revenues, Credit, Decision Making/Cost-Benefit Analysis…

The Price of Gasoline: What's Behind It?

In this lesson, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations...
Key Concepts: Demand, Division of Labor/Specialization, Goods and Services…

Bringing the Market to the Farm

Students learn how community supported agriculture (CSAs) is changing the relationship between the farmer and the consumer.
Key Concepts: Choice, Consumers, Goods and Services…

Old Toy - New Market

Students explore the LEGOLAND theme parks and demonstrate an understanding of how new markets can be created and that cultural...
Key Concepts: Goods and Services, Markets, Profit

It's a Matter of Power

Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum...
Key Concepts: Decision Making/Cost-Benefit Analysis, Incentive, Profit

From Butterflies to Buffaloes

Nature tourism, also known as ecotourism, is a fast growing segment of the tourism industry. In this lesson, students learn...
Key Concepts: Goods and Services, Markets, Producers…