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What is Competition?

Students will understand what businesses are, that a marketplace exists whenever buyers and sellers exchange goods and services, and that...
Key Concepts: Business Costs and Revenues, Consumers, Decision Making/Cost-Benefit Analysis…

Hey, Get a Job!

The second of a two-part unit on income-earning endeavors, this lesson has students choose a job or business to engage...
Key Concepts: Budgeting, Entrepreneurs

Hey Pop!

One of the best sounds and smells is fresh popcorn! At the movies, at the fair, or at home, everyone...
Key Concepts: Business Costs and Revenues, Consumers, Decision Making/Cost-Benefit Analysis…

Laura Ingalls Wilder's Frontier Town

Laura Ingalls Wilder made a sketch of De Smet, South Dakota in the 1880's. This lesson will discuss the markets...
Key Concepts: Business Costs and Revenues, Consumers, Goods and Services…

Banks, Bankers, Banking

Students will demonstrate understanding of the processes associated with banking by role- playing as customers, tellers, and guards.
Key Concepts: Balance of Trade and Balance of Payments, Demand, Economic Institutions…

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

Improving on the Original

What makes something worth marketing? This lesson focuses on the distinction between marketing a new product or licensing it to...
Key Concepts: Entrepreneurs

Ben & Jerry's Flavor Graveyard

Ben & Jerry are producers of ice cream. Even if they produce ice cream for the entire nation, they still...
Key Concepts: Choice, Entrepreneurs, Productive Resources…

CPI- The Crystal Ball

Governments and other financial organizations are constantly measuring trends in the economy to try to predict what will happen next....
Key Concepts: Fiscal Policy, Markets and Prices

Lemon Squeeze - The Lemonade Stand

Everyone has at one time or another opened a lemonade or Kool-Aid Stand. What a great place to begin an...
Key Concepts: Demand, Markets, Markets and Prices

Capital Chips (Part 1)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Balance of Trade and Balance of Payments, Credit, Goods and Services…

Capital Chips (Part 2)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Balance of Trade and Balance of Payments, Goods and Services

Capital Chips (Part 3)

Through the use of a historical timeline of the capital investments made by the company the resulting benefits will be...
Key Concepts: Goods and Services