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  • WI.BIT.EC1.b.5.h - Measure the opportunity costs for solving various societal problems wh...
DATA CRUNCH: Household Income and Food Security
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The COVID-19 pandemic shaped 2020 into a year characterized by public health and economic crises in the United States, destabilizing millions of families. One of the most striking and consistent indicators of ongoing hardship is an elevated level of food insecurity in American households. Food insecurity sits at the intersection of the economy and health; it is measure that a household lacks sufficient resources to provide adequate nutrition to its members.

In this brief activity, which could also be used as an assessment, students will analyze an infographic on the distribution of household income loss and very low food security among children by 2019 income levels.

To extend learning, the activity is linked to a blog post "Hungry at Thanksgiving: A Fall 2020 update on food insecurity in the U.S" by Lauren Bauer, Associate Director of The Hamilton Project.

Subject:
Agriculture, Food and Natural Resources
Business and Information Technology
Career and Technical Education
Economics
Family and Consumer Sciences
Health Science
Life Science
Nutrition Education
Social Studies
Material Type:
Activity/Lab
Assessment Item
Diagram/Illustration
Author:
Next Gen Personal Finance
Date Added:
06/27/2022
Dlabay, Principles of Business Teacher Resources and Trial Online Access with BIT Standards Correlation (Cengage)
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Business Principles course FREE teacher resources and trial access to online course solution as well as a correlation to WI state standards.

Subject:
Business and Information Technology
Material Type:
Assessment
Curriculum Map
Lesson Plan
Reading
Teaching/Learning Strategy
Textbook
Author:
Abigail Hess
Date Added:
07/30/2020
Scarcity and Opportunity Cost - Decisions, Decisions, Decisions
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Lesson Objective: At the completion of this lesson, students will understand the meaning of scarcity and opportunity cost. Students will explain how scarcity and opportunity cost affects decisions made by households, businesses, and governments. Supplies NeededStudent Handout 1The Cost of Your Future (1 per student) (found in Task 3)Student Handout 2Scarcity and Opportunity Cost Quiz (1 per student) (found in Task 7)Student Handout Answer Key 2Scarcity and Opportunity Cost Quiz (found in "Resource Library")Teacher Resource 1Dingell hosts community round table on higher education (found in "Resouce Library")Video 1Gangnam Style (4:12) (found in Task 1)Video 2EconEdLink Opportunity Cost (found in Task 2)Video 3Four Years to Broke: The Real Cost of College (6:06) (found in Task 4)Video 4Production Possibilities Curve- Econ 1.1 (found in Task 5)  References “Dingell Hosts Community Round Table on Higher Education.” The Michigan Daily. N.p., 9 Apr. 2015. Web. 19 Apr. 2015. EconEdLink: Council for Economic Education. (n.d.). Economic Glossary. Retrieved from http://www.econedlink.org/economic-resources/glossary.php and http://www.econedlink.org/interactives/index.php?iid=190 EconEdLink: Council for Economic Education. (n.d.). "Opportunity Cost." Opportunity Cost. EconEdlink, n.d. Web. 19 Apr. 2015. Ferguson, Lisa. “4 Years to Broke: The Real Cost of College.” YouTube. YouTube, 30 Apr. 2014. Web. 19 Apr. 2015. G.S. and G.D. (2014, June 3). “The Hidden Cost of Gangnam Style.” Retrieved from http://www.economist.com/blogs/graphicdetail/2014/06/daily-chart-1 MBA dictionary. (n.d.). Retrieved November 15, 2014, from MBAResearch and Curriculum Center “PSY-Gangnam Style (Official Music Video).” YouTube. YouTube, 23 Oct. 2012. Web. 19 Apr. 2015.

Subject:
Career and Technical Education
Economics
Marketing, Management and Entrepreneurship
Material Type:
Lesson Plan
Author:
MBA Research and Curriculum Center
Date Added:
05/18/2018