Professional Documents
Culture Documents
I.
II.
Content
a. Competition1. economics: Rivalry in which every seller tries to get what other
sellers are seeking at the same time: sales, profit, and market
share by offering the best practicable combination of price,
quality, and service. Where the market information flows freely,
competition plays a regulatory function in balancing demand
and supply.
III.
Grade 3
Lesson objectives:
a.
V.
2. Teachers pizza shop is called Tonys. Both teams will give their
pizza shop a name. Next, the five customers will be given the
same amount of monopoly money.
3. Teacher will start off stimulation with: Welcome to Smalltown.
Today is a special day in Smalltown. _________ Pizza Place and
__________ Pizzeria are having their grand opening. Until today,
Tonys Pizzeria was the only place in town to buy pizza. Now,
Tony has competition for the Smalltown pizza market. Its hard
being the new business in town. Are you ready to compete for
the Smalltown pizza market?
4. Tony heard that a new shop is opening. In order to compete,
Tony decides to offer an incentive: buy two slices of pizza and
get a free soda. Tony hopes this will make customers choose his
pizza.
5. After students hear what Tonys pizza shop will do, they need to
talk in their groups to come up with a different option. Their
choices are: Lower price, better product, better customer
service, offer incentives, or advertise. After students choose
which they will do, they need to explain why.
1. After all students have given their new offer, the five
customers will each pick a pizza shop to go spend their
money at.
6. Tony heard about the pizzerias ideas. Tony decides to compete
by offering better customer service. Starting today, Tony is
offering free delivery to help encourage customers to choose his
pizza.
1. Now students will do the same thing as step 5 and then
customers will choose again where they would like to
spend their money.
7. Tony heard the pizza shops ideas again and is trying out
something new. Tony still wants to compete. He has decided to
offer a better product. He is going to offer garlic crust in
addition to regular crust pizza so customers will choose his
pizza.
write two things that they would have changes looking back on
their competition. 1: students will write one thing they liked
about the activity or maybe one thing they disliked about the
activity.
e. Materials/Technology Monopoly money
VI.
Resource Title or Website Influence: 3+ Characteristics suggesting
Address
Significant that the source is a quality
(SI)
resource, reliable material
Minor (MI)
http://www.pdesas.org/
MI
Access
or
teachers
or
others
Yes
This is a .org website
I have used this source
in the past and it is
used
for
all
of
Pennsylvania
for
teachers to get their
standards.
This website is through
the Commonwelath of
Pennsylvania.
Overall rating
and
suggestions for
current, future
use of resource
10/10 because
this is a source
that
all
teachers use
and
are
required to use
it.