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The Pack contains associated resources for the learning experience, typically in the form of articles and videos. There is a teacher Pack (with only teacher information) and a student Pack (which contains only student information). As a teacher, you can toggle between both to see everything.
Here are the teacher pack items for United States: Economy:
Overview In this experience, students are introduced to how economic choices are made in the United States. They explore the characteristics of the U.S. free enterprise system and explain why the United States is considered a mixed economy. Next, students examine how consumers, workers, businesses, and government interact and how supply and demand influence economic decisions. Finally, students create an infographic that explains the basics of how the U.S. economy operates to a younger audience. Objectives:
Every day in the United States, people make economic choices. Consumers decide what to buy, workers decide where to work, and businesses decide what goods or services to offer. In many cases, businesses compete with one another for customers.
These choices are part of the economic system of the United States. The United States has a free enterprise economy, in which individuals and businesses make many economic decisions and most businesses are privately owned.
In this experience, you will explore how the U.S. free enterprise system works and the roles that consumers, businesses, competition, and government play in the economy.
Objectives:
Think about a product or service you might buy, such as groceries, shoes, a haircut, a phone, or a meal at a restaurant.
Consider these questions:
Choose one product or service. What choices do you have when buying it, and what choices do you think the business has when selling it?
Discuss student responses and set the stage for discussing the economic system of the United States.
When everyone is ready to continue, unlock the next scene.
