Wow; we are into our second week back from Christmas break. Time does fly!!
We are up to our eyebrows in all things economic, or at least all things economic for 6th graders. We spent a couple of days watching "Willy Wonka and the Chocolate Factory", watching especially for factors of production; natural resources, human resources, capital resources, and entrepreneurship. Did you ever look at "Willy Wonka" as a lesson in economics? It is the perfect example for 6th graders. But...... one never watches a movie in my class without some type of follow-up assignment, and that follow-up may be homework for your child.
I am attaching a copy of the assignment, which is due tomorrow. Your student had about 40 minutes of classtime today to work on this assignment.
Making Connections
Choose ONE of the following prompts; write a paragraph to explain your answer.
A paragraph consists of: a topic sentence, at least two lead off sentences, at least two supporting sentences for each lead off sentence, and a closing sentence. This is a total of EIGHT sentences.
- Describe the supply of “Golden Tickets” and how this impacted the demand for Willy Wonka chocolate. What were some people doing to get a golden ticket? Provide specific examples from the movie.
- What are the advantages and disadvantages of competition between businesses in an economy? Use examples from “Willy Wonka” to explain your answer.
- Use examples from the movie, specifically inventions in Willy Wonka’s factory, to explain the importance of quaternary economic activity.
- What “factors of production” did Willy Wonka use to produce his candy? (All four factors of production were shown in the movie.)
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