Market Structures III.
We will be using Cornell Note Taking
Format Today!
Don’t be a victim…..
Own the day!
Relax and enjoy the ride
in Econ. Class!
Unit Three: Learning Objectives:
North Clackamas School District
Social Studies Priority Standards:
Econ 51 (B): Define economic terms and
identify examples of them in a current
economy.
Go directly to your notes. Do not pass go. Do not collect $200!:
Market Structures
[How many sellers in each industry?]
Unit 3 Assessment is Monday May 9th.
Last day to turn in late work,
take or re-take Unit 2 tests is this Friday!
Friday 5/6 or Monday 5/9
“Necessity is the
mother of invention”
Plato
1
2
3
4
5
6
7
8
9
10
• What does this saying mean?
• Write on your Whiteboards after you
discuss in your groups.
Five main causes for industrial growth
during the second half of the 1800s
1860-1920
Railroads
Inventions
Natural
Resources
Human labor
and talent
Capital
1890
1860
1887 – Granville T. Woods
created a telegraph to work
on trains
1880
1870
1879 – Thomas Edison
makes the first incandescent
light bulb
from 1860-1890
1876 – Alexander Graham
Bell invents the telephone
Prominent Inventions
1885 – John S. Pemberton
introduces a new drink:
Coca-Cola
1877 – Felix Hoffman
produces aspirin
1866 – Alfred Nobel creates
dynamite
Philadelphia Exhibition
1905 – Albert Einstein
introduces E=mc2 theory
1900 – Ferdinand Zeppelin
introduces the zeppelin
from 1891-1920
1903 – Wilbur and Orville
Wright build first airplane
1895 – Wilhelm Roentgen
discovers x-rays
Prominent Inventions
1910
1900
1890
Some inventions look good
on the drawing board and in theory!
and not
so good in
practice
…..
Back to Timeline
Some are quite
shocking
Indeed!
Nikola Tesla
What are these inventions which have shaped American life?
2
1
4
3
Kodak Instamatic Polaroid Instamatic
Polaroid’s camera patent
prevailed and won $910 mil.
[Sought $12 bil.] Polaroid had
accused Kodak of infringing on
10 instant photo patents and
it took 14 years to make it to
the Supreme Court.
Because of the digital revolution
Polaroid filed for bankruptcy.
Patents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Company
5,896 IBM
4,551 Samsung
3,094 Microsoft
2,252 Cannon
2,482 Panasonic
2,246 Toshiba
2,150 Sony
1,653 Intel
1,490 LG Electronics
1,480 Hewlett-Packard [H-P]
New 2-wheeled shoes
for beginners[HX2].
Drox
Among entertainers “still breathing”, Madonna made the most at $150 M.
[forbes.com/deadcelebs]
6. Marilyn Monroe
7. John Lennon
8. Albert Einstein
9. Bettie Page
10. Steve McQueen
$15
$12
$10
$10
$9
“Necessity is the
mother of invention”
Plato
FOR 20 POINTS
EXTRA CREDIT
(FORMATIVE)
The “Creative License” Game
 Novel: Huckleberry Finn
 Answer: Mark Twain
 Dynamite
 Answer: Nobel
 Telephone
 Answer: Bell
 Album: Back in Black
 Answer: AC/DC
 Novel: The Shining
 Answer: Stephen King
“Necessity is the mother of invention”
Plato
The “Creative License” Game
 Rudolph The Red Nose
Reindeer
 Answer: SEARS Corp.
 Star Wars and THX Sound
 Answer: Lucas
 Peanuts/Charlie Brown
 Answer: Shultz
 Harry Potter Books
 Answer: Rowling
 Star Spangled Banner
 Answer: Francis Scott Key
“Necessity is the mother of invention”
Plato
The “Creative License” Game
 Flushing Toilet
 Answer: Crapper
 The Gatling Gun
 Answer: Gatling
 Morse Code
 Answer: Morse
 Napster
 Answer: Parker
 Screenplay: Dumb and Dumber
 Answer: The Farrelly Brothers
“Necessity is the mother of invention”
Plato
Tall Tower
Exhibit
Materials
-2 sheets of paper
-1 pair of scissors
-12 inches of masking
tape
-5/6 inventors in a group
-15 minutes to work
Econ Challenge #8:
Final Challenge
(Double Points)
Who can design
and construct the
tallest tower?
Tower must be
free-standing…
Tall Tower Exhibition: Group Exit Ticket 3-3 (25 Pts.)))
Group member Names:
______________________________________________________________________
_______________________________________________________________
Reflection Questions (Please answer in COMPLETE SENTENCES):
1. Please explain how you included EVERYONE in this group problem
solving activity:
__________________________________________________________________________
__________________________________________________________________________
__________________________________________________________________________
__________________________________________________________________________
_______________________________________________________________
3. How did your plan change? ________________________________________
4. What was the most difficult part of this
activity?_______________________________________________________________
_______________________________________________________________
5. Did you learn anything by watching other groups? Please explain:
___________________________________________________________________
____________________________________________________________________
___________________________________________________________________
6. Final Tower Height (Must be AT LEAST 36 INCHES to get full points):
___________________
Ad Assignment
Is Due the
Day of
Unit Three
Assessment
“Live as if you were to die tomorrow.
Learn as if you were to live forever.”
- Gandhi
The End