The Economy — Lesson 120
The Global Economy
Students break into groups of four, and play a game in which they make trades to obtain items needed to complete a particular recipe.
What Students Learn
1. How do we get the products we need?
- Importing products to make the economy work
2. How do other countries get what they need?
- Exporting our products to other countries
Suggested Time
- Preview and Episode Viewing: 45 minutes
- Activity 1: 30 minutes
Young Entrepreneurs: 10,000 Villages
Clips for this Lesson
Lessons in The Economy
Episode 408
The Value of Money
With many currencies around the world, what determines the value of money? What are the factors that raise or lower the value of the American dollar? Why is the dollar measured against the...
Episode 105
Money Moves
Watch the ebb and flow of money as the Biz Kid$ examine how money moves in the economy. Follow a single dollar bill as it moves from a depositor’s hand across the counter, down to the vault, over...
Episode 120
The Global Economy
Go around the world with the Biz Kid$! Join us and you’ll follow the flow of imports and exports that make up the interconnected world economy. You’ll also see how several entrepreneurs have...
Episode 208
Economic Cycles
Cycles in the economy go up and down. Learn how cycles can affect a business. Discover how you can protect yourself against negative effects and plan for the positive trends. Meet a young man who...
Episode 505
The Economics of Economics
Here's a lighter look at the complex science. Learn about everything from micro to macro economics, supply and demand, and economic indicators. See how business owners and even individuals use...
