10/21 Economy definition

Whenever you need help, please ask for it.
Please write your homework in your assignment book.
Please review the goal and agenda for the day which is posted in the classroom.

Today in class you will 

• show that you have a sense of what the economy is.

Why?

• To develop your understanding of basic economic concepts.
• To begin seeing connections between yourself and other parts of the world.
• To describe how different economic systems try to answer the basic economic questions of what to produce, how to produce, and for whom to produce.

1.  Turn to someone at your group.  Gesture and mirror with that person the definition of economy:  Economy is the production, distribution, and consumption of goods and services. (If no one at your group is ready, turn to someone in a group next to your group.) 

2.  Repeat #1 until Mr.d'E asks you to stop.

3.  One person from your group 

• make a copy of the slide template linked here.
• share it with each group member

4.  Slides:

• Read through the directions on the first slide, 
• discuss the directions with your group, 
• ask Mr.d'E clarifying questions, 
•  then follow the directions. You may want to refer to the brainstorming done yesterday which is linked here - you may want to make a copy and put it in your social studies classroom folder.

5.  Gallery walk.