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Students work in small groups ("work crews") while participating in a production activity. Students learn about competition, division of labor, and incentives. They also demonstrate how division of labor and incentives help lead to greater productivity.
Upper elementary students can help Jay Eagle learn about entrepreneurship by starting a business in this interactive adventure complete with lesson plans and student materials.
Examines the benefits of specialization and trade, using the economic principles of absolute and comparative advantage. It also discusses protectionism and worldwide efforts to open trade.
Discusses the increasing integration of the world's economies through the flow of goods, money and people across national borders. Includes a discussion of foreign currency exchange and a timeline of innovations that furthered globalization.