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Grades 9-12
Business Cycle Exit Ticket
Students will complete a quiz to review the basics of a business cycle.
Key Concepts: Business Cycle, Business Cycle
Objective
The student will be able to:
1. Describe the movement of continents and explain that this movement can lead to the formation of geographic features.
2. Determine when a person or country has an absolute and/or comparative advantage in producing a good.
3. Explain that trade increases people’s choices.
4. Construct a production possibilities table.
5. Determine the opportunity cost of producing a good.
Concepts
Related Resources
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Students explore fiscal policy remedies used by the federal government to reduce volatile fluctuations in the business cycle.
Key Concepts: Business Cycle, Business Cycle
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The Economic Impact of the Crisis: Why Doesn't COVID-19 Affect Everyone Equally?
In this economics lesson plan, students explore how dissimilar financial circumstances of US households affects their recovery.
Key Concepts: Business Cycle, Business Cycle
Content Partner
Grades 9-12
Econland Macroeconomics Simulation
In this economics activity, students go deeper understanding real world events using Macroeconomic concepts.
Key Concepts: Aggregate Supply and Demand, Business Cycle, Business Cycle
