Theme 1 Lesson 2:
Working for Income

The students discuss goods and services that satisfy people's wants, and they construct a spyglass to help them identify goods and services at school. They also construct Busy Town, a model business community. Using a puzzle, they are introduced to the concept of entrepreneurship and its relationship to the resources used to produce goods and services.

Visuals & Activities


  • Goods
  • Human Resources
  • Wants
  • Human Capital
  • Entrepreneur
  • Capital Resources
  • Capital
  • Resources
  • Economic Wants

Standards in Economics and Personal Finance

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Related Lessons


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