|
LESSON: PANCAKES, PANCAKES!
Lesson
Summary
A boy named Jack wakes up hungry for
an enormous pancake breakfast. But before he can enjoy his
breakfast, he must first spend time and energy gathering all the resources
and ingredients that he needs to make pancakes.
Concept: Productive Resources
Definition: Productive Resources are the
natural, human, and capital resources that are used in the production of
goods and services.
Comprehension
Questions
What economic want did Jack have
when he woke up one morning? A big pancake!
What are productive
resources? The natural, human, and capital resources that are used
to produce goods and services.
What ingredients go into a pancake
and where do they come from? Eggs from a hen; milk & butter
from a cow; flour from wheat; jam from strawberries
Identify the natural resources used
in the production of pancakes. Sunshine, water, soil, air, wood,
water for growing wheat and turning the millstone, metal for frying
pan
Identify the human resources used
in the production of pancakes. Miller, Jack, Mother
Identify some of the many capital
resources used in the production of pancakes. Millstone, water
wheel, hen house, pail, butter churn, stove, pan, bowl, spoon, plate,
woodshed, sickle, flail, etc. Note: The donkey and cow could
also be considered capital resources. They are not animals that are
considered natural resources, such as fish, wild deer, etc.
When your family makes pancakes, do
you follow all the steps in the story? (No!) Why
not? It takes too much time and one person probably doesnt have
all the necessary skills or productive resources.
So how does your family
usually make pancakes? From a mix, or from mixing ingredients that
are on readily on hand.
Other Concepts: Economic
Wants, Natural
Resources, Human
Resources, Capital
Resources |