Economics in Colorado Read-Along ebook

Joe Rhatigan

Description

From fur traders to miners to wind power inventors, learn how Colorado's economy has changed through history. This engaging social studies book includes four chapters focusing on Colorado, covering economic incentives, the economy, financial literacy, and Fannie Mae Duncan. It includes a glossary, extension activity, guided reading questions, and other exciting features.Economics in Colorado explains basic economic principles such as incentives and disincentives, supply and demand, opportunity costs, investments, profits, and more. This book not only provides meaningful connections to students' lives, but it also crafts a fascinating account of Colorado's diverse economy.

Sujets

• Economic geography
• Macroeconomics
• Economics

Informations

• Publié par: Teacher Created Materials
• Date de parution: 21 juin 2021
• Nombre de lectures: 0
• EAN13: 9781087648422
• Langue: English
• Poids de l'ouvrage: 29 Mo

Extrait

cover
 

Read and Respond
1 . What is a good , and what is a service ?
2 . Why did Europeans start heading to the
area that is now Colorado , and why do
people come to Colorado today ?
3 . Thinking of a recent decision you made ,
what was its opportunity cost ?
4 . What are some pros and cons to having
state and national parks in Colorado ?
5 . What incentives do Coloradans have to
protect their natural resources ?
 

Joe Rhatigan

E c o nom i c
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C o lora d o
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T able o f C on t e n ts
Ch apt er 1 : Ec onomi c Incen tives in Colorado . 4
Ch apt er 2 : C olorado ’ s Ec onomy ........... 16
Ch apt er 3 : P ers onal Financial Literac y ....... 24
Ch apt er 4: F annie M ae Duncan :
Entrepreneur E xtr aordinaire .............. 34
Glo ssar y ........................... 38
Index ............................. 39
E conom ics in Y our C ommunity ......... 40
3
 

E c onom ic I nc e n t ive s
i n C ol orado
Y our teacher assigns you homework . Why do
you do it ? If you do , you might earn a good grade .
If you don’t do it , your grade might drop . A good
grade is an incentive . It is a reward . Getting a
low grade is a disincentive .
An economy has incentives and disincentives
too . The economy is the part of society that has
to do with making and spending money . People
spend their money on goods and services . Goods
are products people want that they can buy . For
example , apples and cars are goods . Services are
things people do for each other , such as cutting
hair or providing childcare . Incentives make people
want to spend their money .
C h a p te r 1
4