Learning to Give, Curriculum Division of The LEAGUE

The LEAGUE

Resources and Trade Flow
Lesson 2:
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Lesson
Handouts
Academic Standards
Philanthropy Framework

Purpose:

The students will identify what natural resources, human capital, and capital equipment are needed to complete the chosen service learning project. They will also trace the origin of the pieces of clothing donated for the project and the possible trade flows that brought them to the United States.

Duration:

One Forty-Five Minute Class Period

Objectives:

The learner will:

  • distinguish between natural resources, human capital, and capital equipment in the production of a good or a service.
  • trace the origin of clothing and the possible trade flows which brought them to the United States.

Materials:

  • Vocabulary (see Attachment One)
  • Donated clothing (preferably 100% woven cotton)
  • World map
  • Chart paper
Handout 1
Vocabulary

Instructional Procedure(s):

Anticipatory Set: Tell the children that now that they have chosen the service learning project they will need to determine what materials will be needed to complete it. (Refer to specific project background information for quilt specifications.)

 

  • As a group, ask the children to list the materials needed. Explain that students will be using the benefits of having the whole class contribute their time, talent and treasure to the project to make it work. Ask students to name the benefits of having the whole class work on this project rather than a few students.

  • Put the following words on the chalkboard or chart paper:
    • capital equipment
    • consumers
    • goods
    • human capital
    • markets
    • natural resources
    • producers
    • services
    • trade/exchange
    • trade flow

  • Define them (see Attachment One) and give examples of each of the words from the quilt project.

  • Make a new list on chart paper with three headings: natural resources, human capital, and capital equipment. Have students place examples under each heading. Keep the chart displayed throughout the unit.

  • Ask students to look at the labels inside of the clothing they brought to determine where it was made (produced). Help children locate the countries and continent of production on a world map and discuss the possible trade flows that brought their items to the United States.

Assessment:

The teacher will observe active participation by all students.

Extension:

Read the book Charlie Needs a Cloak as a springboard to identifying the natural resources, human capital, and capital equipment that Charlie needed to produce a cloak.

Bibliographical References:

dePaola, Tomie. Charlie Needs a Cloak. Aladdin Paperbacks, 1988. ISBN: 0671664670 Summary: A shepherd shears his sheep, cards and spins the wool, weaves and dyes the cloth, and sews a beautiful new red cloak.

Lesson Developed and Piloted by:

Shellie Ellison
Munising Public Schools
Central Elementary School
Munising, MI 49862

Handouts:

Handout 1Print Handout 1

Vocabulary

Capital equipment
goods made by people and used to produce other goods and services. (Intermediate goods).

Consumers
people whose wants are satisfied by using goods and services.

Goods
objects that can be held or touched that can satisfy people's wants.

Human capital
the quantity and quality of human effort directed toward producing goods and services (labor).

Markets
any setting where buyers and sellers exchange goods, services, resources, and currencies.

Natural resources
"Gifts of nature" that are present without human intervention.

Producers
people who use resources to make goods and services (workers).

Services
Activities that can satisfy people's wants.

Trade flow
a model showing the interactions between households and business firms as they exchange goods and services and resources in markets.

Trade/exchange
trading goods and services with people for other goods and services or for money.

Philanthropy Framework:

Comments

Susan, Teacher – Stockbridge, MI10/27/2007 12:07:48 PM

(I) loved the review of resources and goods and services. Great way to apply learned vocabulary to real life.

Tonya, Teacher – Saginaw, MI10/27/2007 12:09:31 PM

(The positive aspects of using this lesson were) a good review of Social Studies terms and the concept of triangular trade. The Geography - location of countries we hear about but may not know where they are. Realization of where our clothing comes from - not all U.S. made.

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