3.9 - Formation of World Economies
From EngageNY
Communities meet their needs and wants in a variety of ways, forming the basis for their economy.3.9a World communities use human and natural resources in different ways.
- Students will investigate available resources for each selected world community and how these resources are used to meet basic needs and wants.
- Students will explore the concepts of surplus and scarcity in relation to resources for each selected world community.
- Students will investigate how each selected world community meets its basic needs of food, clothing, and shelter, and compare that to their own community.
- Students will examine the various ways people earn a living and how this has changed, if at all, over time in each selected world community.
Supporting Materials
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Learning About Natural ResourcesReduce/Reuse/Recycle are meaningless words to students who do not have a clear understanding of the importance of natural resources. In this engaging production students first learn about the three types of natural resources: inexhaustible, renewable, and nonrenewable. Next, identify the earth's... |
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New York's Land and Natural ResourcesNew York is a beautiful state rich in valuable natural resources that help make it a perfect location for a variety of industries and businesses. Readers will examine how the environment and resources of New York have shaped its history and industry. This engaging volume contains maps, primary... |
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Starting a BusinessGot a great idea? So do Chloe, Andy, Mia, and Jamaal. Join them as the go from eating a cookie to starting their own cookie business. Discover how market research and a business plan can help you own and operate a business in your community. See how factors like scarcity and demand,... |
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U.S. Industries & ResourcesDiscusses how natural resources in different regions of the United States have started different industries - and how dozens of business have been created within those industries. Examines the free market economy, domestic and international trade, and how people use both to satisfy their wants... |
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What is Ecomonics?Explores the basic concepts of economics and viewers will learn about how people play an important role as both consumers and producers. Also discusses wants and needs, goods and services, and scarcity and demand. |
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