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Transportation: They Say We Had a Revolution (Part 3)

Advancements in transportation have played a key role in the growth of our nation. U.S. government policies have also had...
Key Concepts: Balance of Trade and Balance of Payments, Business Costs and Revenues, Economic Systems…

How Labor Got Its Day

If you asked students what comes to mind first when they think of Labor Day, what do you think they...
Key Concepts: Division of Labor/Specialization, Economic Institutions, Goods and Services…

The Civil War: A War of Resources

The North won the Civil War in large part due to its superior resources. In this lesson students will learn...
Key Concepts: Division of Labor/Specialization, Goods and Services, Resources

Transportation: They Say We Had a Revolution (Part 1)

Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade, Business Costs and Revenues…

What Happened to Railroads?

Between the Civil War and World War II, railroads were one of the nation's most important businesses and an integral...
Key Concepts: Business Costs and Revenues, Credit, Decision Making/Cost-Benefit Analysis…

Banks & Credit Unions (Part I)

Students learn about banks and credit unions, identifying similarities and differences between the two types of financial institution. They also...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Decision Making/Cost-Benefit Analysis…

Satisfaction Please! (Part 3)

Even the savviest consumer has a problem with a good or service on occasion. It is a consumer’s right to...
Key Concepts: Consumers, Economic Institutions, Public-Choice Analysis…

Was Babe Ruth Under Paid?

Updated with 2022 MLB information! This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index,...
Key Concepts: Inflation, Markets and Prices

Why do we need money? Think about Ebay!

The students investigate money--its purpose and functions. They complete an exercise, using the online acution site Ebay, to learn why...
Key Concepts: Foreign Exchange, Markets, Markets and Prices…

Fewer Watts and Fatter Wallets

Students learn about incentives for alternative energy programs and the role played by non-price determinants in energy choices.
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Incentive

Agent Pincher: The Case of the UFO

Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes...
Key Concepts: Balance of Trade and Balance of Payments, Foreign Exchange, Money…

What Face do you Use?

The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for...
Key Concepts: Money, Trade, Exchange and Interdependence