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Day 3 – 8/27/15 – Introduction to Economics

Day 3 – 8/27/15 – Introduction to Economics

Vocabulary – Capital | Wealth

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Essential Question:

What is the economy?

 

Daily Agenda:

  1. Opening – Vocabulary Word
  2. Finish PowerPoint (View PowerPoint by Clicking)
  3. Feudalism – Notes & Catching Goldfish
  4. Mercantilism – Notes & Catching Goldfish
  5. Closing – Answer Essential Question using a vocabulary word.

 

Catching Goldfish

Feudalism

Classes were arranged into 5 groups. Each person at a group was a serf. One person was a lord. I was the King. Goldfish crackers were distributed to each group. The Lord of each group would give each Serf 1 cracker and bring the remainder to the King. The King then gave each lord 3 crackers and kept the remainder for himself.

Take notes: From playing the game what did you notice about how feudalism works?

Mercantilism

Classes were arranged into 5 groups ( 1 mother countries and 4 colonies.) The colonies were forced to give all but one cracker to their mother country.

Take notes: From playing the game what did you notice about how mercantilism works?

 

Closing: Answer the Essential Question in your journal in complete sentences.

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