Friday, September 28

Today we turned in our Types of Economies Questions (Google Class) for points.

We played Econ Taboo in small groups.  If you missed class, you need to see me on your own and get the makeup work. 

Wednesday, September 26

Economies Notes

Complete the Economies Questions and the Speculation-Prediction Journal in Google Class.

Monday, September 24

Why Capitalism is Good article. In Google Class

Read the article 
Answer the following 4 questions in Google Class:
1. What do I understand about this section?
2. How does this section connect with surrounding information?
3. What questions do I have? What do I need to know?
4. Talk about the reading with a classmate. What did you learn about the text from your discussion?

Friday, September 21

Economic Systems Graphic Organizer: See below

Read about the following types of economic systems and make a graphic organizer for each system explaining what they are and identify examples.  Make sure you create a detailed explanation and not just the definition from the back of the textbook. 

Graphic Organizer Example 

1. Traditional (p26-27)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

2.  Command/Centrally Planned (p 34-35)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

3.  Market/Capitalism/Free enterprise system (p28-29)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

4.  Mixed (p40 only)

    Explain/Define/Characteristics

    Example: What country or culture is similar? 

Complete the Primary source document below in Google Classroom as well as the Command vs Market gird worksheet which is also in Google Classroom.  

Adam Smith Primary Source Document

Command vs Market- Why Adam Smith was right

Wednesday, September 19

Today we spent the first part of class finishing our inventions and presented them in class.

Monday, September 17

Continue working on Invention Activity.  We will begin presenting inventions Wednesday.  You will have the first 20 min of class Wed to finalize your projects before presenting.

Friday, September 14

Finish Shark Tank Questions in Google Class from Wednesday and submit.

Invent something that you think could make money.

    Invent a completely new product/service Or Improve a current product/service.

YOUR PRODUCT MUST BE REALISTIC (no technology that does not yet exist)

1. Explain your invention and how it works.
2. Provide a poster (8 ½ X 11) that shows your product/service.
3. Who is the product intended for? Why?
   (Males? Age group?, Middle class?)
4. Identify what is needed to make the product
   -Land: materials in the product
   -Labor: types of jobs employees will do
   |-Capital: tools/machines that are needed 

Wednesday, September 12

1. Look at your list of 20 things that go into a product from yesterday.  For each item, write down whether it is an example of Land, Labor, or Capital.

2. Watch video explaining scarcity: https://www.youtube.com/watch?v=Np-dZSdzymk

3. Make a Concept Map for both Scarcity and Shortage.  Refer to the attached example of a Concept Map.

4. Watched Shark Tank Pitch-  Click Here to Watch
*Take notes as you watch the pitch/Shark responses. 
*Things to pay attention to: Business idea, good and bad about the pitch, their attire, visuals, packaging, personality, Shark responses, offers/counter offers

5. Complete Shark Tank Activity in Google Classroom

Monday, September 10

Activity #1: Factors of Production Notes
Read pp 3-5 to understand Land, Labor, and Capital and take Cornell notes on each factor.

Activity #2: Think of a product you use on a regular basis. Make a list of 20 things that go into the production of that product. (Things that have to happen in order for that product to be produced, not sold).  For each item, write down whether it is an example of Land, Labor, or Capital.

Friday, September 7

Goal Setting:

Take notes on the Power Point, watch the two Youtube videos and do the goal setting activity on the last page of the slide show.

Goal Setting Power Point

Reminder: Have your spiral notebooks for class by Monday!

Wednesday, September 5

Today we handed out the syllabus  Remember to have parent/guardian either electronic sign or print and sign by Friday September 14!

Login to Google Classroom, have parent/guardian read the syllabus and then fill out the electronic signature page and submit.

We went over the syllabus in class, discussed class expectations and topics for the year.

Google Class codes are listed below

5th Period- g1vif6

6th Period- 352m3vn

7th Period- lafwbl