Grade 6-8, 9-12
,
Activity
The Basics of Productivity
Objective
Students will be able to:
- Identify the factors affecting productivity.
Standard
National Standards in Economics
Markets and Prices
Standard: 7
- Students will understand that: Markets exist when buyers and sellers interact. This interaction determines market prices and thereby allocates scarce goods and services.
- Students will be able to use this knowledge to: Identify markets in which they have participated as a buyer and seller and describe how the interaction of all buyers and sellers influences prices. Also, predict how prices change when there is either a shortage or surplus of the product available.
Concepts
![](https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-1024x683.jpg 1024w, https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-300x200.jpg 300w, https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-768x512.jpg 768w, https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-1536x1025.jpg 1536w, https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-2048x1367.jpg 2048w, https://preview2.econedlink.org/wp-content/uploads/2021/07/iStock-1226255331-100x67.jpg 100w)
In this economics activity, students will explore the basic principles of productivity.
Resources
Procedure
This individual activity requires students to view a video and complete a Kahoot! Quiz about productivity. Productivity is a measure of the efficiency that a person, machine, factory, system, etc. has when converting inputs (resources) into useful outputs (products). To complete this activity, students should follow the instructions below:
- Watch the Vimeo video called Productivity
- Answer the questions in the Kahoot! Quiz or in the ReadyAssessments Activity.
- Sign in or play as guest.