Today, as promised, our class period will be dedicated to you having time to work on your Factors of Production Poster Project. At minimum, you MUST email me and confirm your topic of choice by the end of class today. If you have already done this it has been updated on the spreadsheet found on Schoology. Below are the questions you should be focused on answering today. Please describe in two sentences each of the following as you complete your research today.
Natural resources, Labor (all the jobs,
different salaries, steps in the production), Capital (man-made
tools, items, machines, buildings, etc.), Entrepreneurship
(good ideas, who started the company, who runs it today, advertising), and real decisions
made recently by the company (good or bad).
Although I know you don't want to hear this, my best guess is that you should have two to three pages of research
notes. By the time your research
is complete, you should be able to write a strong paragraph on each factor of
production for your product. As
you work on this:
- Use a variety of sources (online is fine), not just Wikipedia.
- DO NOT JUST PRINT OUT WEB PAGES! Look through them and find valuable information.
- Include a brief bibliography.
- Think outside the box! This will require good research and inference. You will need strong information in order to create a decent project, and you may not find good info on the first website you visit.
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