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Classroom Resources (2)

ALEX Classroom Resources  
   View Standards     Standard(s): [SS2010] ECON (12) 1 :
1 ) Explain why productive resources are limited and why individuals, businesses, and governments have to make choices in order to meet needs and wants.

•  Explaining scarcity as a basic condition that exists when unlimited wants exceed limited productive resources
•  Explaining land (an example of a natural resource), labor (an example of a human resource), capital (an example of a physical or human resource), and entrepreneurship to be the factors of production
•  Explaining opportunity cost as the next best alternative to relinquish when individuals, businesses, and governments confront scarcity by making choices
Subject: Social Studies (12)
Title: War and Nation Building in Latin America/Crash Course World History
URL: https://aptv.pbslearningmedia.org/resource/aa8ab843-11d4-40b9-b78d-b07a2a212a60/war-and-nation-building-in-latin-america-crash-course-world-history-225/
Description:

Join host John Green to learn about nation-building and nationalism in Latin America. Sometimes, the nations of Latin America get compared to the nations of Europe and are found wanting. However, this comparison doesn't quite work as the rise of democratic, economically powerful nations in Europe came about under a very different set of circumstances than the way nations arose in Latin America. Naturally, the regions are very different. But why? John will explore ideas, including whether or not a lack of international war could have impeded Latin America's growth. On the surface, this may not sound plausible, but tune in to this episode of Crash Course to hear a lively discussion on the topic.


   View Standards     Standard(s): [SS2010] ECON (12) 1 :
1 ) Explain why productive resources are limited and why individuals, businesses, and governments have to make choices in order to meet needs and wants.

•  Explaining scarcity as a basic condition that exists when unlimited wants exceed limited productive resources
•  Explaining land (an example of a natural resource), labor (an example of a human resource), capital (an example of a physical or human resource), and entrepreneurship to be the factors of production
•  Explaining opportunity cost as the next best alternative to relinquish when individuals, businesses, and governments confront scarcity by making choices
Subject: Social Studies (12)
Title: Specialization and Trade: Crash Course Economics #2
URL: https://www.youtube.com/watch?v=NI9TLDIPVcs&list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&index=3
Description:

In this video, Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff. You'll learn about things like comparative advantage, the production possibilities frontier, and how to make pizza.


ALEX Classroom Resources: 2

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