Grade 7 – Social Studies
Unit 3
Final Thoughts on World Trade
Your introduction to trading on the stock exchange has just ended. You
all may have experienced the simulations differently with moments of
victory and defeat. Review your Trade Secrets Entries. Remember your
experiences in the International Trade Simulation. You have learned a lot
about the impact of world trade, the ups and downs of the stock market,
and the ways in which members of the global community are
interconnected through trade. You have been asked to share your
expertise so the next round of traders will be able to benefit from your
experiences and reflections.
You may choose how to document your final thoughts. Select only one of the options from
the choice board below:
Write a journal (diary) entry to
record your thoughts and
experiences trading
Create a video dairy using iMovie or digital recording
Write an official report to
your boss explaining your
thoughts on the trading
sessions
Create an audio-visual report
using VoiceThread
Write an article for Business
Week giving trading advice
Record a CNN segment for
Business Today using i-movie
or a digital recording
Your final product must answer the following questions-1. What problems did you face participating in the International Trade Simulation and
Stock Exchange? How did you solve them? If you didn’t, what would you do
differently?
2. After being involved in the International Trade Simulation and Stock Exchange, what
are the positive and negative impacts of world trade?
3. How are members of the global community interconnected through trade?
4. How did you interact with others? What strategies did you use to negotiate and
trade with others?
Grade 7 – Social Studies
Unit 3
Final thoughts on wORLD Trade Rubric
SS7.7 describe the
impacts of world
trade
(Trade Readings,
International Trade
Simulation, Stock
Exchange)
SS6.6 explain the
ways in which
members of the
global community
are interconnected
(Trade Readings,
International Trade
Simulation)
Exemplary
100%
Proficient
88%
Developing
76%
Emerging
64%
I describe in depth the
positive and negative
impacts of world trade. I use
specific examples and
supporting details from my
experiences to clearly
explain my thinking.
I clearly describe positive
and negative impacts of
world trade with some
examples from my
experiences.
I describe in general terms
some of the impacts of
world trade.
I describe world
trade and need to
explore the impacts
of world trade with
more detail.
I clearly explain multiple
ways in which the global
community is interconnected. I explore the
positive and negative
impacts of this
interdependence and
thoughtfully explain my
thinking using specific
examples and supporting
details.
I clearly explain multiple
ways in which the global
community is interconnected. I support my
ideas with details and
examples.
I identify some ways in
which the global
community is
interconnected and
explain these connections
in general broad terms.
I identify some ways
in which the global
community is
interconnected. I
need to explain my
thinking.
Out of 20 points
Critical Thinking
& Problem
Solving
What strategies can
I use to solve the
problem?
What are possible
solutions?
(Trading Secrets
Entries)
Final %
I identify key problems or
challenges I faced in the
simulations and develop
effective strategies to
solve them.
I clearly identify
problems and challenges
in the simulations and
develop strategies to
solve them.
I identify some problems and
challenges in the simulations
and offered basic solutions.
Out of 10 points
Working
Cooperatively
How do I
participate,
contribute and work
with others?
(International Trade
Simulation, Stock
Exchange)
Out of 10 points
Comments:
I identify some
problems and
challenges in the
simulations.
Final %
I consistently participate,
cooperate, interact
positively, and focus on
the tasks.
I participate, cooperate,
interact positively, and
focus on the tasks.
I participate, interact with
others, and focus on the tasks
most of the time. I may need
some redirection.
I inconsistently
participate and
interact with others.
I often need
redirection to
remain focused on
the tasks.
Final %