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Monday, April 22, 2013

4/22: World History 2- Global Price Indicators

DO NOW: Get into a group of no more than 5. Answer your QUESTION. Every person's handwriting MUST be on the paper. Distribute your GOODS. Now, PLAY.

Objective: To score most points, while satisfying basic needs.
Rules:
1.     Each group must meet basic needs.
2.     Try to make a profit
3.     Must cooperate and work together as a group.  It is essential that all members of the group participate.
4.     Shortest person is the group leader.
HOW DID YOU DO?
REFLECTION
____________________________________
POD:
1. Do Now: Barter Simulation
2. Intro to new unit- Highlight terms you need to know.
3.  GREEN BOOKLET- What is Money? (pg 2)
4.  Why money is "better" than bartering? (pg 3)
I. What is money? Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. 



II. Why is money "better" than bartering? 



 III. What makes a money "good"? (pg. 4)
At least 7 characteristics... Brainstorm if needed.

 HW: Research the three functions of money. Write them into the booklet on PG. 5. Put them into your own words to show that you have processed the information.



NEW UNIT!! Global Price Indicators and Economics of FOOD
  1. I can explain what motivates trade.
    1. I can differentiate between needs and wants.
    2. I can differentiate between barter, token, and money economies.
    3. I can differentiate between local and global chains of distribution.
    4. I can explain why China didn't 'discover' America.
  1. I can determine influences on the price/value of a product.
    1. I can describe Price Determinants: Point of origin, Distance traveled, Scarcity, Supply and demand, Levels of production (raw materials less expensive), etc.
    2. I can connect price determinants using the historical example of the Silk Road.
    3. I can explain the determinants behind food prices.
  1. I can identify historical change and continuity within historical trade systems.
    1. I can provide historical examples of economic systems: Classical World (Rome), Medieval Guild Systems, Triangle Trade (products, routes, people), Industrial Revolution
    2. I can describe types of economies (capitalism, free market, Communism, socialism, mixed economies).
    3. I can differentiate between levels of economic development (1st level, 2nd level, 3rd level)
    4. I can explain how advances in technology and transportation have economic impact.
  1. I can explain how world resource distribution and global economic issues impact food inequalities.
    1. I can determine how the natural resources of a location impact its economic performance.
    2. I can explain Inequalities in resource development and distribution: developed vs. developing nations
    3. I can explain why food Inequality exists.
    4. I can explain how inflation and exchange rates impact the value of resources.
  2. I can convince a reader to agree with my ideas.
    1. I can draw evidence from informational texts to support analysis, reflection, and research
    2. I can provide precise points and counterpoints to support a them
    3. I can organize evidence to best support my writing
    4. I can produce clear analytical writing
    5. I can demonstrate my knowledge through writing
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