Week of May 16- 20

May 16, 2016

Monday- Field Trip - College Visits

Tuesday- Good News,  Handout the Circular Flow Model worksheet and go over the Standard at the top.

Watch the video clip: https://www.youtube.com/watch?v=de3iGMjA_8c

Have them draw out and label the Circular Flow Model on the drawing paper.

diagram the movement of a good activity (Lizzie’s morning)

E. 1.1.2 Circular Flow model activity and E.3.1.2 map the movement of a good

Wednesday- Types of Economies, Take Notes Compare economic systems

http://www.slideshare.net/kebrooke/economic-systems-1956935, Go through activity, Fill out plus and minus exit sheet

E. 1.1.1- Explain incentives in the different Economic systems (Traditional, Market, Command)

Thursday- The importance of trade activity (need 30 bags) Why would a country use Tariffs, Embargoes (video clip https://www.youtube.com/watch?v=CUT_68gv_14 ) and/ or Trade agreements (https://www.youtube.com/watch?v=Y2X3KPilAt0 )? Made in China clip: http://en.people.cn/90778/7986099.html Website that shows a trade deficit map http://www.aflcio.org/Issues/Trade/China

E.2.3.1 Explain why national governments make decisions that impact countries (Tariffs, Embargoes, Trade agreements) explain China’s impact on world trade.

Friday: World’s Apart Video (Traditional Economy)

https://www.youtube.com/watch?v=GEeNnA5r0ew