Hawaiian Economics: Barter for Fish & Poi
In ancient Hawaii, chiefs managed the economy by creating a land division system, the Ahupua'a, which divided the islands into pie slice shapes. Ea...
Grade: 3-5    Published: 11/10/2003


International Trade Creates More and Better Jobs
This lesson explores the relationship between productivity and international trade. Specifically, this lessons shows why there should be fewer trade r...
Grade: 9-12    Published: 05/17/2005


Lean on Me -- We depend on each other!
The purpose of this activity is to demonstrate that the production of most goods can be broken down into a number of specific tasks (division of labor...
Grade: K-2 3-5    Published: 08/22/2003


A Pet For Beans from 'Jack and the Beanstalk'
After listening to a computer-read story, "Jack and the Beanstalk," the students will find out that beans were used as an exchange for Jac...
Grade: K-2 3-5    Published: 07/17/2003


Where Did You Come From?
In this multiple intelligences lesson the students figure out why the United States imports some goods that we can grow right here!
Grade: 3-5    Published: 05/15/2003


Related Print Lessons


The following lessons come from the Council for Economic Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information.

The Wide World of TradeThe Wide World of Trade
Grade: 6-8   Published: 2003
5 of the 11 lessons are related to this lesson. They are listed below.


Lesson 3: Everyone Is Interdependent
In this lesson, students learn about resources from around the world that are used in the production of a specific product -- Hershey's Kisses. Students then determine the identity of a mystery produ...
Lesson 7: Mutual (and Comparative) Advantages
Using numerical examples and bar graphs, students see why it benefits two countries to specialize in the production of one of two products and then trade with each other, even if one country has the r...
Lesson 2: Special Friends
Pairs of students play the roles of two friends who have chores to complete before they can spend time together. Through trial-and-error, students discover the benefits of specialization and trade. ...
Lesson 6: Trading Connections
Students participate in a simulation to learn how trade benefits them as individuals and how trade benefits people in different regions and countries. Working in pairs, students learn about the major...
Lesson 8: Something's in the Way
The class is divided into two groups that participate in a simulation making two types of postcards. In the first round, each group specializes and then considers possible results from trading for th...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource ManualChoices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual
Grade: 5-6   Published: 2001
4 of the 15 lessons are related to this lesson. They are listed below.


Unit 4: Lesson 10 - What Are the Advantages of Working with Others to Produce?
Students read historical fiction set in 1855 in the Oregon Territory. The story illustrates the results of people working interdependently. The students identify ways in which the characters in the ...
Unit 4: Lesson 12 - What Results When People Work Together to Produce?
Students read about the settlers at Jamestown in 1607 and the signers of the Mayflower Compact, focusing on why they agreed to cooperate to survive when they settled in North America.
Unit 2: Lesson 5 - How Can I Improve My Ability to Produce What People Want?
Students read about the life and career decisions of Philip Simmons, a blacksmith and artist from Charleston, South Carolina. They analyze the skills and knowledge Mr. Simmons used to make different...
Unit 4: Lesson 11 - Can I Learn to Work with Others to Produce?
In a large group, students attempt to accomplish a task that requires working interdependently with others. They identify the human capital they used to produce a service. Then they identify the hum...

Exploring the Marketplace: The Community Publishing Company - Teacher Resource ManualExploring the Marketplace: The Community Publishing Company - Teacher Resource Manual
Grade: 3-4   Published: 1989
9 of the 35 lessons are related to this lesson. The top 5 are listed below.


Lesson 28: Preparation for Production
This lesson prepares the class for assembling the books. You will review the steps in production with the class. The students will then develop a list of rules for the workers to follow. At the con...
Lesson 27: Job Application
The students discuss the jobs on the production line that will be necessary to produce the books. They consider personal strengths and abilities that would qualify them for particular jobs. They als...
Lesson 11: The Badge Factory
The students participate in a production-line simulation. They produce a badge that will be given to the people they interview and to those who buy their books. The students discover the need for sp...
Lesson 29: The Production Process
Students produce their class book and thereby experience first-hand how people specialize and cooperate in a business. The children discuss the results of the production process and relate the experi...
Lesson 7: Community Interdependence
In this lesson students learn about the interdependence that exists among people and places in their community. The students listen to "The Communityville Tour" and associate the information in it wi...

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource ManualChoices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual
Grade: 2-4   Published: 2001
3 of the 18 lessons are related to this lesson. They are listed below.


Unit 4: Lesson 18 - The Labor Market: My Human Capital Pays Off
Students will envision themselves as future workers, business owners or managers, professionals, or entrepreneurs.
Unit 4: Lesson 17 - Markets and Exchange
Students will feel empowered when they make voluntary exchanges.
Unit 4: Lesson 16 - Entrepreneurs and the Interdependence of Buyers and Sellers
People often think of themselves as consumers, but not as producers. In this lesson, students will meet business owners, managers, and entrepreneurs so that they can identify with them and perhaps as...

Middle School World Geography: Focus on EconomicsMiddle School World Geography: Focus on Economics
Grade: 6-8   Published: 2004
1 of the 9 lessons are related to this lesson. It is listed below.


Lesson 6 - Joining Together That Which Has Drifted Apart
In this lesson, the students learn about the physical forces that move people on different continents further apart and the economic forces that bring them together. They read about the formation and ...

Economics in Action: 14 Greatest Hits for Teaching High School EconomicsEconomics in Action: 14 Greatest Hits for Teaching High School Economics
Grade: 9-12   Published: 2003
1 of the 14 lessons are related to this lesson. It is listed below.


Lesson 13 - Comparative Advantage and Trade in a Global Economy
Students observe or participate in a role-play situation in which one person is better at both of two activities. They complete a work sheet that leads to the conclusion that specialization and exchan...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher GuideFinancial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide
Grade: 3-5   Published: 2001
1 of the 16 lessons are related to this lesson. It is listed below.


Theme 1: Lesson 2 - Urban Mouse & Rural Mouse
In this lesson, children use an index of businesses for a fictitious community to learn that people provide goods and services in the community. They read an adaptation of the fable "City Mouse, Coun...

 

 
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