Economics Choice Board Standards Addressed: SS6E7 The student will describe factors that influence economic growth and examine their presence or absence in Europe a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). b. Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP). c. Describe the role of natural resources in a country’s economy. d. Describe the role of entrepreneurship. Choose 1 Choose 1 Pair: Choose 1 Create: Flipbook Create a vocabulary flipbook that makes use of the economic factors of production terms. Write: Economics Rap Write an economics rap song that explains each economic factor of production that is important to a business. Use each of the 6 VOCABULARY Create: Vocabulary Collage Create a picture from pieces of paper to create an image that is representative of the economic growth factors. 1) Natural Resources 2) Human Capital 3) Capital Goods 4) Entrepreneur 5) GDP 6) Literacy rate You may get your pictures from magazines, newspapers, internet clipart, or hand drawn. 1)Natural Resources 2)Human Capital 3)Capital Goods 4)Entrepreneur 5)GDP 6)Literacy rate Create: Flashcards Students can make review flashcards using the 6 vocabulary words. WORDS. Draw &Write: Comic Strip Draw and write a comic strip with captions that use all 6 of the vocabulary words. 1) On one side include the word & a color picture ***Six boxes, each with a 2) Write the definition for that word on caption and picture. the back. ***use color Create an acrostic poem Create an acrostic poem using one of these economic factors of production: 1)Human Capital 2)Capital Goods 3)Natural Resources Ex. PLEASE DO NOT USE MINE C-omputers are needed to take online orders. A-irplanes are used to ship goods. P-ackaging is needed to protect goods. I T Etc. Use an atlas or maps in the textbook Create a hand drawn map. Include a key indicating ALL natural resources for that continent/country. Include: land use, natural resources & label the waterways that would be used to transport resources. Choose 1 ~ Canada, Europe, Central Am., South Am., Cuba and Haiti, or Australia. Create: Business Ad You are opening up a business. Create an advertisement for a newspaper. The ad should include : 1) Product or business description 2) Human Capital needed 3) Capital Goods and 4) Natural Resources. Create a Poster Create a poster that encourages an increase in literacy rate. Poster can illustrate the benefits and the consequences of a high or low literacy rate. *use color Economics Choice Board Standards Addressed: SS6E7 The student will describe factors that influence economic growth and examine their presence or absence in Europe a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). b. Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP). c. Describe the role of natural resources in a country’s economy. d. Describe the role of entrepreneurship. Choices: 1) ___________________________ 2) ________________________ 3) _________________ Partner 1 (YOU) _________________________ Partner 2 _______________________________