Please grab a textbook from the front of the room and take out your notebooks!
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Transcript of Please grab a textbook from the front of the room and take out your notebooks!
Please grab a textbook from the
front of the room and take out your notebooks!
Work with your "Do Now Partners" to brainstorm
different ways to classify and categorize the list
they produced.
Each group will travel to each station to research the important information behind each factor of production. The Graphic Organizer at each station will require you to
describe the factor, give an example of the factor and state
the reward of the factor.
Group 1 Group 2 Group 3 Group 4 Group 5 Group 6
NatalieJake K Andrew Kayla
JenJustin
Patrick Gabby
VictoriaBrian W Gianna F Brian S
Sam Jake F
Brendan GGianna L
Brenden MDan LouisPete
Nikola Liam
Matthew
Using your graphic organizer and notes
provided in class complete the following
activity! Please follow all directions!
1. Which of the factors do you think are the most important for the production process? Does it depend of what business? Explain.
2. Which of the factors do you think are the least important for the production process? Does it depend of what business? Explain.
3. Which of the factors do you think are the cheapest for the entrepreneur/company to pay for in the production process? Why do you think so?
4. Which of the factors do you think are the most expensive for the entrepreneur to pay for in the production process? Why do you think so?