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Canyon Summit Lesson 1. Standard of Living Fix quick hitter activity & link – then answers in the power point. Homework due. Reading EB (Econ Book) 288-300. Show clip from CD Do activity - https :// docs.google.com/document/d/1ZJ0GPupHIBj9fOvzNewTDjBizsTAadiTHz_kRZKoQ1I/edit.
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Canyon Summit Lesson 1 Standard of Living Fix quick hitter activity & link – then answers in the power point. Canyon Economic Summit Lesson 1
Homework due Canyon Economic Summit Lesson 1 Reading EB (Econ Book) 288-300
Canyon Economic Summit Lesson 1 Show clip from CD Do activity - https://docs.google.com/document/d/1ZJ0GPupHIBj9fOvzNewTDjBizsTAadiTHz_kRZKoQ1I/edit
Quick Hitter – What’s your life like? Canyon Economic Summit Lesson 1 Pen/pencil What surprised you? Anything change your idea of others?
Quick Hitter – What’s your life like? Canyon Economic Summit Lesson 1 • What is the capitol of Cambodia? • Phnom Penh • What is the longest river in the world? • Nile • What does “WTO” stand for? • World Trade Organization
Quick Hitter – What’s your life like? Canyon Economic Summit Lesson 1 • Who is the President of Russia? • Vladimir Putin • What is the longest river in the world? • Nile • What is the currency of Brazil? • Real • What does “WTO” stand for? • World Trade Organization
Open Packet Canyon Economic Summit Lesson 1 Put in name of country Pass your packet to your right while taking your neighbor’s book from your left. Write your name and cell phone number Repeat until you get your packet back
Put packet one of your divider tabs Canyon Economic Summit Lesson 1
Scoremaster Canyon Economic Summit Lesson 1 • Discuss • Pick Scoremaster – 3 responsibilities • Dates: • Summit: 11/18 • Imports: 11/7 • World Issue/Debate Statement: 11/7 • Summit Quiz: 11/7
Pages 3 Canyon Economic Summit Lesson 1 • Read & Highlight key words/phrases • YOUR DUTIES: • You must become knowledgeable about the economic, political and social situations within your country. How? • Discuss with your group 2 minutes • Answers? • Did you forget you as a team? • Collaboration & team work! • Develop your economic skills and knowledge that will help you improve the standard of living.
Pages 3 Canyon Economic Summit Lesson 1 • Develop your economic skills and knowledge that will help you improve the standard of living. Discuss 2 minutes. * What skills? • Determine what you need to import based on what you have as bargaining power. What is bargaining power? What is your bargaining power?
Pages 3 Canyon Economic Summit Lesson 1 • You will need to decide what will improve your country that might take longer to develop. This is called: • LONG TERM DEVELOPMENT • Discuss what long term development might mean & give examples that countries might need to improve.
Pages 4 - Notes Canyon Economic Summit Lesson 1
Standard of Living Canyon Economic Summit Lesson 1 “SOL” Level of comfort a society is accustomed to Quality of life
Fed Reserve GDP Powerpoint Canyon Economic Summit Lesson 1 • http://www.frbsf.org/education/teachers/datapost/macroeconomics/gross-domestic-product.html • This is online • Or you can skip the next 13 slides and explain yourself.
Fed Reserve GDP - video Canyon Economic Summit Lesson 1 • http://www.youtube.com/watch?v=RhR3Le0ceJU • Use this video if you did not show it for Ch. 1, Sec. 2
Gross Domestic Product Canyon Economic Summit Lesson 1 GDP Total $ amount of all FINAL goods & services sold in a country within 1 fiscal year
Gross Domestic Product Canyon Economic Summit Lesson 1
Growth Canyon Economic Summit Lesson 1 • Nominal GDP • Real GDP
Page 5 Canyon Economic Summit Lesson 1 • This is your homework for next lesson (9/5/14) • Definitions AND statistics • Going to the lab to get them • Google Classroom
Next lesson 9/9 – Homework due at beginning of period! Canyon Economic Summit Lesson 1 Reading EB only 422-425, 46-49 Page 5 – Fact Sheet & Definitions Get stats on Posters by Friday, 9/5/14 Research piece #1 & #2 Flag – printed out in color on 8 ½ x 11 – landscape, Monday, 9/8/14 Current event due on YOUR COUNTRY????