Aim: How does GDP affect the economy and a nation?
Bell Ringer: Stamp and review Journal 2.
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 (10 min)
- 3. Concept Map and What Is Economic? note-taking guide presentations. (rest of class)
- 4. Have students complete the note-taking guide as each group presents their designated topic.
Home Learning: Spotlight on the Economy / answer questions 1 and 2 on a loose leaf.
Scarcity – “deciding how to use limited resources to satisfy unlimited wants.” Carlos F.
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