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Additional Lessons 1 - 10 of 136 for Adam Smith
  1.   Agricultural Economics and the American Revolution
...r off. Resource Economics Aristotle's distinction between the use and exchange value of a commodity like tobacco remains relevant. Rare coins or "priceless" artwork may have little use, but great exchange value. Conversely, an obsolete stereo or old car may have high use, but little exchange value. Adam Smith (18th century founder of the Classical School of economics) wrestled with the differences in use and exchange value between water and diamonds. Though water is essential to human life, Smith explained diamonds' greater exchange value by his school's controversial labor theory of value -- that the value of a co...
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    Grade Level: 9-12

  2.   The Big Mac Index
...r any given country that is hyperlinked in "Country Listing." The first entry has been completed for you. When you are finished look at the first letters of each of the countries, starting with Australia, and you will see the name of a very famous economist spelled out. [The first letters spell out Adam Smith.] National Capitals: 1. Canberra [Australia] 2. Copenhagen [Denmark] 3. Buenos Aires [Argentina] 4. Mexico City [Mexico] 5. Stockholm [Sweden] 6. Kuala Lumpur [Malaysia] 7. Rome [Italy] 8. Bangkok [Thailand] 9. Budapest [Hungary] Big Mac Index Country Local Big Mac Price in Local Currency Local Big Mac Price i...
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    Grade Level: 9-12

  3.   ECONnections: Lesson 1: Trade in Colonial America / NAFTA
...They then traded these goods and earned more income that led to the colonist expanding their output. Through trade both the Europeans and the colonist gained more products and were better off than if trade was not conducted. Trade in Colonial America / NAFTA Display Screen 1 and read the quote from Adam Smith: Timing is Everything Developing a Financial Investment In 1776 Adam Smith said: Portfolio Adam SmithIt is the maxim of every prudent master of a family, never to Widgets: attempt to make at home what it Producing More, will cost him more to make than to buy. Using Less The taylor does not attempt to make his...
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    Grade Level: 9-12

  4.   The "Write" Stuff: Strategies and Conventions for Expository Writing
...explain your ideas of human nature. 5. Write a letter to Thomas Jefferson to state what you believe the natural rights of man are. 6. Write a letter of sympathy to the family of Marie Antoinette. 7. Write a letter to James Watt to thank him for his developments in steam power. 8. Write a letter to Adam Smith to either commend or reproach his idea of laissez faire economics. 9. Write a letter to either Karl Marx or Friedrich Engels to either commend or reproach the idea of the Communist form of Socialism. 10. Write a letter to one of the Mexican liberators to commend his courage in the face of persecution. 11. Writ...
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    Grade Level: 6-8

  5.   Mary Adams Maverick: A Texas Pioneer - Colorado Bottoms
Mary Adams Maverick: A Texas Pioneer A curriculum unit that explores the life of a woman on the Texas frontier as it teaches students to use primary source documents Lesson 5 Mary Maverick and Texas History-Part 2 Chapter 11-Perote Chapter 12-Colorado Bottoms Enduring understandings for this unit: * * * People who write histo...
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    Grade Level: 3-5

  6.   Mary Adams Maverick: A Texas Pioneer - Flight
Mary Adams Maverick: A Texas Pioneer A curriculum unit that explores the life of a woman on the Texas frontier as it teaches students to use primary source documents Lesson 4 Mary Maverick and Texas History-Part 1 Chapter 10-Flight Enduring understandings for this unit: * * * People who write history use evidence from the pas...
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    Grade Level: 3-5

  7.   Note to the teacher: This lesson plan unit is designed for MIDDLE
...ccordance with wisely ordained laws, a world epitomized in Newton's mathematical model of the solar system. Thus nature was a perfect symbol for those who viewed society as a collection of individuals seeking their own enlightened self-interest in a divinely ordained "system of natural liberty," as Adam Smith called it. Out of the competition of ideas and opinions truth would emerge. In essence, the age of Franklin, Jefferson and Thompson can be characterized by the idea that nature (social and physical) was seen as orderly and machine-like. If one will "tinker" with this machinery, then socially useful and practic...
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    Grade Level: 6-12

  8.   Teaching Today | Lesson Plans | Salon Fishbowl:Philosophes on the Eve of the French Revolution
...ment on a piece of paper) each student in their salon to prepare by reading from the text or another source the intellectual contributions of the one of the philosophes listed below. Each students should read about at least two philosophes. The hostess should also undertake some reading. John Locke Adam Smith Jean-Jacques Rousseau Mary Wollenstonecraft Voltaire Montesquieu For the salon activity on the following day, each guest should prepare a short autobiographical paragraph so that the hostess might properly introduce them when the salon meets. Direct Instruction for auditory learners Tell students that some of...
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    Grade Level: 9-12

  9.   Welcome to Free Enterprise Lesson 1
...to buy. 4. Individuals in the us are free to engage in free enterprise and competition. That is, they are free to choose where they will work, to open their own business, if they so desire, and to choose the type and quantity of goods or services they will produce. 5. According to famous economist, Adam Smith, self-interest is the force that directs the actions of individuals and businesses. In the US, individuals are free to look after their own self-interest. 6. The American economic system is relatively free from government interference. GOALS OF FREE ENTERPRISE 1. A major goal of the American economic system is...
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    Grade Level: 9-12

  10.   Industrial Revolution Teacher Page
...tacus.schoolnet.co.uk/IRchild.htm The History Place: Child Labor in America 1908-1912, the photos of Lewis Hine http://www.historyplace.com/unitedstates/childlabor/index.html The Victorian Web http://landow.stg.brown.edu/victorian/misc/search.html Factory Owners World History Archives: Excerpt from Adam Smith's Wealth of Nations (1776) http://www.hartford-hwp.com/archives/25/035.html The Spartacus Internet Encyclopedia: British History 1700-1900; Business Leaders and Entrepreneurs http://www.spartacus.schoolnet.co.uk/business.htm The Peel Web: Factory Movement http://dspace.dial.pipex.com/mbloy/peel/factopic.htm PB...
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    Grade Level: K-12


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