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Economic Roles

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Curipod generated lesson: "Economic Roles". #8-10

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isaiahnpowell

Updated 3 months ago

1. Word cloud
120 seconds
In a few words, name three economic roles people play?
2. Slide
60 seconds
Learning objective:
Identify three economic roles each person performs. Explain how consumers affect the supply and demand for goods and services. Understand the impact of worker productivity on our standard of living.
3. Open question
180 seconds
Work together in pairs: Describe the role of citizens in regulating economic activity.
4. Slide
60 seconds
Economic Roles
Consumers: Dollar votes, demand determines supply, price, competition. Workers: Efficient workers, cheaper labor, Standard of living. Citizens: Taxes, voting, government funding.
5. Open question
180 seconds
Work together in pairs: What is the relationship between the number of workers and the standard of living in a country?
6. Personalised Feedback
360 seconds
How do different economic roles, such as Workers, consumers, and Citizens, interact and affect each other in a market economy?
7. Drawings
450 seconds
Brain break: Draw a hippo brushing its teeth with an enormous toothbrush
8. Poll
60 seconds
Which of the following is an example of a consumer in an economy?
  • A government building infrastructure
  • A person buying groceries
  • A factory producing goods
9. Poll
60 seconds
What is the primary role of Workers in an economy?
  • Productivity
  • Voting
10. Poll
60 seconds
Which economic role refers to the work done by people for which they are paid?
  • Investment
  • Labor
  • Trade

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