Grade 6-8, 9-12
,
Activity
Market Structures Activity
Standards
Concepts
In this economics drag and drop, students will learn about the different types of market structures.
Instructions
- Drag and Drop: You will see four boxes labeled with market structures like “Pure Competition” and “Monopoly.” Below the boxes, there are draggable answer blocks with information about different market structures.
- Objective: Your task is to drag each answer block to the correct market structure box based on its characteristics and examples.
- Dragging an Answer: Click and hold on an answer block, then move it to the market structure box you think it belongs to.
Market Structures Drag and Drop Activity
Monopoly
Oligopoly
Pure Competition
Monopolistic Competition
Many firms
A unique (different) product
Cars
Some control over prices
Agriculture
Easy to enter
Identical products
No control over prices
Significant control over prices
Fast food restaurants
Fairly easy to enter
Different products
No non-price competition
One firm
Glass
Many firms
Stocks
Few firms
Difficult to enter
A lot of non-price competition if products are differentiated
Similar or different products
Gas stations
A lot of non-price competition
Companies with patents
Dry cleaners
Difficult to enter
Airlines
Soaps
Copper
Regulated public utilities
Significant control over prices
Non-price competition may exist
Congrats, all of the answers are correct!
Subjects:
Economics