Capitalism II

Learning Targets:
3.1: I can demonstrate how scarcity and opportunity cost impact the decisions of
businesses and can lead to trade. (GLAHSCE.SOC.1.1.1)
3.2: I can explain economic growth using the concept of physical and human capital
investment (GLAHSCE.SOC.1.1.3)
3.3: I can identify the impact that supply, demand, and elasticity have on price.
(GLAHSCE.SOC.1.3.3)

Vocabulary:
Firm Corporation Supply
Demand Inventory Manufacture
Net Profit R & D Stock
Share Capital Product
Revenue Net Worth Salary
Utilization Raw Material Investment
Entrepreneur Scarcity Opportunity Cost
Elasticity Retail


Activity Learning Goal
Day 1 Intro to Business Economics Create Study Plan for Unit
Day 2 Explicit Vocabulary Instruction Vocabulary Pre-Assessment
Day 3 Documentary: Inside McDonalds Learning Target Application
Day 4 Practice Game Day How to play Capitalism II
Day 5 Practice Game Day Strategy Development / Team Creation
Day 6 Game Day Strategy Improvement / Assessment
Day 7 Game Day Strategy Improvement / Assessment
Day 8 Game Day Strategy Improvement / Assessment
Day 9 Game Day Strategy Improvement / Assessment
Day 10 Final Game Day/ Unit
Assessment
Final Chance to Demonstrate Proficiency
on LT 3.1, 3.2. & 3.3


Goal: Achieve the highest possible score after 15 years of competition.
The following categories are considered when calculating score:
(Personal Wealth in Billions of $) x 100
(Value of Companies in Billions of $) x 10
Number of Dominated Industries x 20
+ Number of Dominated Products x 5
Sum From Above x Difficulty %