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This activity is included in the Economic Incentives & Institutions Unit Plan- Economics Edition
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Included:
Student activity with detailed instructions and grading rubric.
3-D Paper House Cutout Template
Activity Details:
Profit is a financial gain, especially the difference between the amount earned and spent in buying, operating, or producing something. When it comes to the economy profit creates an incentive for businesses and entrepreneurs to keep producing goods and services.
Profit also encourages other people and businesses to join the industry to create goods and services, adding competition that can help with pricing and quality. In this activity, students will be researching a business and answering some questions about their business and profits. Then students will create a 3D model of the business and all its information. This activity is infused with technology and real-world application and is designed to be engaging and rigorous. This a perfect activity for any business class.
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