Vocabulary
Unemployment
Distribution of Wealth Import Formal Job Informal Job Inflation |
Capitalism
Supply Demand Total GDP GDP Per Capita Standard of Living |
Lesson 1-Learning Economics
- Important Detail-Just because a country might seem poor does not mean that everyone in that country is poor.
- Higher % of those in poverty
- Wider distribution of wealth
- Lower standard of living
- Greater power to those that are rich in the country
- Higher % of those in poverty
Lesson 2-Rich vs Poor
Daily Journal 21- Indonesia
Could you work in these mines? Why or Why not
Could you work in these mines? Why or Why not
Daily Journal
1. Spend $10 Billion-->List of spending.
1. Spend $10 Billion-->List of spending.
Lesson 3-Economic Factors
Assignment-Research which countries have had the most difficult time with people seeking refugee? Research and find what could be some of the biggest pushes for why they may be seeking refuge?
Lesson 4-Economic Differences
Journal 22-India
1. What are some negative side effects of working a job like this?
1. What are some negative side effects of working a job like this?
Day 2
Daily Journal 23-Iceland
How can Iceland's environment be a part of their economy?
How can Iceland's environment be a part of their economy?
Daily Journal 24-Vietnam
Why might the supply of a product travel thousands of miles before it gets the shelves?
Why might the supply of a product travel thousands of miles before it gets the shelves?