Wednesday, April 12th, 2023

 Circle: Would you rather have a job you love that paid little and meant you would be comfortable but not have extra money, or a high paying job you hated?

Vocabulary Words:

Each table pick one that you need help on 
capitalism
socialism
communism
economy
opportunity cost

choice
supply and demand
societal value of the profit motive
surplus value of labor
competition

Independent Reading

Unit: Economics -- Globalization Writing

Messy write for 5 minutes explaining everything you understand about globalization.

Unit: Economics -- Globalization Map

Learning target:  I can explain the role globalization plays in our capitalist economy.  Mainly where all my wants and needs come from.

1) Look up your stocks

2) Identify one large manufacturer you own. If you do not own a manufacturer, use someone else's.

3) Look up the global locations of your company and place them on a new layer on your map.

Globalization: Planet Money Makes a T-Shirt
Target: After viewing this video, you will be able to explain how globalization connects the people of the world.
Watch: Planet Money Makes a T-Shirt

What questions can you answer now?
1) At your table predict all the steps it takes to make a T-Shirt.
1) As you watch, take notes on important points.
2) When completed identify two most important points.
3) Share with group.
4) Group identifies two most important points of the group.
5) Share

6) Place all the locations mentioned in the video on a new layer on your map.

Unit: Economics -- Globalization Writing

Messy write for 7 minutes explaining how a t-shirt is made and everything that goes into it.