5/6: World History 2

LT2a. I can describe Price Determinants: Point of origin, Distance traveled, scarcity, supply and demand, Levels of production (raw materials less expensive), etc. LT3d. I can explain how advances in technology and transportation have economic impact. LT4c. I can explain why food inequality exists. __________________________________________________
DO NOW: Why do we study ECONOMICS in History? Give at least three valid reasons. __________________________________________________ POD:  
1. DO NOW  
2. Understanding World Economics AND INFOGR.AM  
3. Supply and Demand Instruction(Honors and CP separation)  
4. Create an Infogr.am explaining supply and demand (if not done, for HW) __________________________________________________
2. Understanding World Economics and Infogr.am  
We are going to review the intro & some parts together. Choose one particular paragraph to read and text-code. When done, create an account on Infogr.am to build an infographic.  
1: Support
2: CP+
3: Honors
4: CP
5: Support+    

Share the URL to your image here:


     


Check out others' work:       
3. Supply and Demand Instruction (Honors and CP separation)
 CP: https://americanheritage.byu.edu/Assets/supplyDemand.swf 
  https://americanheritage.byu.edu/Assets/chart.swf  

 HONORS:  
Instructions: Using the three videos below, create a glossary of important terms. Be sure to collect at least 5 terms per video. Then, create a graph/chart displaying supply, demand and market equilibrium. You can make up the item and the pricing, but be sure that you show mastery of the terms in your image.
 
 http://education-portal.com/academy/lesson/market-demand-schedule.html 
 http://education-portal.com/academy/lesson/market-supply-schedule.html 
 http://education-portal.com/academy/lesson/how-changes-in-supply-and-demand-affect-market-equilibrium.html