To understand the 1 Camping decisions have a list of for a camping weekend. Which items are needs and which items are wants? – difference between Basic Or goods, services, needs functions Goods vs services and wants. – and types of business Worksheet or mini board activity students to categorise lists or pictures into goods and services. – Extension Encourage students to identify and explain examples of and services in more complicated scenarios like a restaurant or going to the cinema. To understand the 1 Picture of PS4 what resources have been used to create the product? – meaning of factors of production. For reference – To define opportunity 1 Images of takeaway/delivery options (pizza, Chinese food etc), students to explain which they would choose and why. cost. Students to create a simple budget of money earned and money spent over the last month to realise that they have a choice to make when spending money. Explain the opportunity cost of time the benefits of school work or playing computer games. – showing a specialist in a particular area explain the opportunity cost of their time to get to this level – – To define the three 1 explain the sectors. Students to generate examples of businesses in each section or sorting activity putting – sectors of primary, examples under the correct heading. secondary and tertiary Explain a simple chain of production a tree being cut down, wood made into a chair, a chair being sold in a retailer. – and give examples of Students to draw their own examples of a chain of production. types of businesses that operate in each sector. To understand the 1 Pictures of famous entrepreneurs students to guess names. – term enterprise and Clip from
Basic functions and types of business To understand the difference between goods, services, needs and wants. 1 Camping decisions – have a list of for a camping weekend. Which items are needs and which items are wants? Or Goods vs services – Worksheet or mini board activity – students to categorise lists or pictures into goods and services. Extension Encourage students to identify and explain examples of and services in more complicated scenarios like a restaurant or going to the cinema. To understand the meaning of factors of production. 1 Picture of PS4 – what resources have been used to create the product? For reference – To define opportunity cost. 1 Images of takeaway/delivery options (pizza, Chinese food etc), students to explain which they would choose and why. Students to create a simple budget of money earned and money spent over the last month to realise that they have a choice to make when spending money. Explain the opportunity cost of time – the benefits of school work or playing computer games. showing a specialist in a particular area – explain the opportunity cost of their time to get to this level – To define the three sectors of primary, secondary and tertiary and give examples of types of businesses that operate in each sector. 1 – explain the sectors. Students to generate examples of businesses in each section or sorting activity putting examples under the correct heading. Explain a simple chain of production – a tree being cut down, wood made into a chair, a chair being sold in a retailer. Students to draw their own examples of a chain of production. To understand the term enterprise and 1 Pictures of famous entrepreneurs – students to guess names. Clip from
AQA-8132-SOW-3YR.DOCX