Lesson on Friday, August 24, 2018

Aim: What is the Circular Flow Model? 

Bell Ringer: Journal 4 – Explain how the factors of production relate to one another. 

Journal 5 – Explain how the circular flow of economic activity generates wealth in an economy. 

Objectives: 

1. Students will use geographic terms and tools to explain differing perspectives on the use of renewable and non-renewable resources in, the United States and the world.  

2. Students will identify the factors of production and why they are necessary for the production of goods and services. 

Agenda:  

1. Bell Ringer (15 min)  

2. YouTube video (10 min) https://www.youtube.com/watch?v=_PKH2wtDT3E&feature=youtu.be  

3. Review & Grade HW "Spotlight on the Economy" (10 min) 

3. Complete concept Map and What Is Economic? notetaking guide presentations. (rest of class)    4. Have students complete the note-taking guide as each group presents their designated topic. 

5. Test Review 

  

Home Learning: Study your 'What Is Economics?' Note-taking guide / prepare for Tomorrow's test.