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Build Your Community
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students will learn about a variety of businesses and the service they provide to a community. They will build a town selecting seven business they feel would be the most important to have in order to live in this community.
Grades:
Concepts:
Standards:
- Economics 1: Scarcity
- Economics 2: Marginal Cost/Benefit
- Economics 3: Allocation of Goods and Services
- Economics 4: Role of Incentives
- Economics 6: Specialization and Trade
- Economics 8: Role of Price in Market System
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