Economics Activity: Economic Questions and the Factors of Production School Gear

The basic concepts of economics are learned in this fun lesson called School Gear! While understanding economic decisions that need to be made, students will form groups and design school gear as if they were going to produce and sell it. Groups are instructed to answer 12 questions as they imagine and create their school gear. Students are also responsible for a visual representation of their gear along with a written description of their products. Enjoy this free download and thank you so much for your comments and ratings!

Major Questions Include:

• What will we produce?

• How will we produce it?

• Who will get the goods produced?

• Additional questions regarding what factors of production are needed such as land, labor, & capital.

• 9 other questions regarding their school gear production ideas.

1 PDF file.