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We found 7 resources with the keyterm capital goods
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Class members begin this engaging economics activity by listing all the resources used in the production of a car, and use that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources,...
Is economic growth necessary to remain a relevant world power? These slides discuss the definition and implications of growth economics, complete with global comparisons and ways to account for growth. Graphs and charts are easy to read...
It doesn't take a lecture on economics to convince teenagers that one's wants often exceed one's means, but this presentation will hopefully help them to understand the discrepancy. Using an example of pizza and robot arms, the slides...
Economics can be hard to explain and not very interesting for learners. This video does a good job of explaining economic theory with clear examples, but it doesn't captivate its viewers. Production, price, and economic options are...
Students identify productive resources. In this economics instructional activity, students read the book Charlie Needs a Cloak and discuss productive resources the character used in the book. Students participate in a simulated factory...
Students analyze the impact that improvements in human capital, the use of capital goods, incentives, and division of labor can have on productivity. In this productivity lesson, students listen to the story Ten Mile Day and work in...
Students examine five major events in Soviet History to introduce the concept of opportunity cost. They identify considered alternatives at the time of decision and examine benefits and cost. They apply these ideas to a typical school day.