Module 22: Local Economy- Social Studies 3 - Course Guide
Module Overview:
In this module, students will learn to identify the competing sellers in the local market, describe the cause and effect of having local businesses, connect the physical and human characteristics of a region with the major industries, identify how specialization and division of labor can help a business, and identify the many reasons people donate money that they have earned.
Module Materials:
- Pencils
- Crayons or colored pencils
- Notebook
- Scissors
- Glue
- Highlighter
- Markers
- Blank paper
Module Objectives:
| Lesson # | Lesson Title | Objective(s) |
|---|---|---|
| 1 | Competition in the Local Economy |
|
| 2 | The Impact of Local Business |
|
| 3 | Local Industry |
|
| 4 | Specialization and Division of Labor |
|
| 5 | Nonprofits and Charities |
|
Module Key Words:
| Key Words |
|---|
|
economy consumers sellers business community cause and effect physical characteristics human characteristics major industries economic system labor nonprofit charity donate budget |
Module Assignments:
| Lesson # | Lesson Title | Page # | Assignment Title |
|---|---|---|---|
| 1 | Competition in the Local Economy | 5 | Competitive Sellers Assignment |
| 3 | Local Industry | 5 | Major Industries in Texas Assignment |
| 5 | Nonprofits and Charities | 5 | Create Your Own Charity Assignment |
Learning Coach Notes:
| Lesson # | Lesson Title | Notes |
|---|---|---|
| 1 | Competition in the Local Economy | After completing this lesson, ask your student to describe what competition is and the competition between local businesses in local economies. |
| 2 | The Impact of Local Business | After completing this lesson, ask your student to explain how local businesses impact the economy. |
| 3 | Local Industry | After completing this lesson, ask your student to explain what an industry is and help them research local industries in their region. Ask them to explain the economic benefits of these local industries to their region. |
| 4 | Specialization and Division of Labor | After completing this lesson, ask your student to explain what specialization is, and how specialization and division of labor benefit your business. |
| 5 | Nonprofits and Charities | After completing this lesson, ask your student to explain why people donate money. |
Module Guiding Questions:
When a student starts a lesson ask them questions to check for prior knowledge and understanding and to review concepts being taught. At the end of the lesson ask the questions again to see if their answer changes.
| Lesson Title | Question |
|---|---|
| Competition in the Local Economy |
|
| The Impact of Local Business |
|
| Local Industry |
|
| Specialization and Division of Labor |
|
| Nonprofits and Charities |
|
Module Video Questions:
When a student watches a video take time to ask them questions about what they watched. Suggested questions for the videos in this module are listed here. Suggestion: Have the student watch the entire video first all the way through. Then have them watch the video a second time, as they watch it pause the video and ask the questions.
| Lesson Title | Video | Question |
|---|
Module Suggested Read Aloud Books:
Take time to read to your student or have them read aloud to you. Read a different book each day. While reading the book point out concepts being taught. You may purchase these books or find them at your local library. Suggested things to discuss while reading the book:
- What is the main idea?
- What are three things new you learned?
- How does this book relate to what you are learning about?
| # | Book | Author | Lexile Level |
|---|
Module Outing:
Take some time to apply what your student is learning to the real world. Suggested outings are below.
| # | Outing |
|---|