Congrats, if you're reading this in class your EOC is over! I'm so proud of how hard you all have worked to get to where you are today! Before we say goodbye in 13 short days, we are going to learn a bit about Finances & the Economy! Today we'll begin with the building of our economy in America by pondering some discussion points and clarifying some new terminology as we watch the "Men Who Built America" and get excited for this unit!
Introduction to the Video Clip: As the nation attempts to rebuild following the destruction of the Civil War, Cornelius Vanderbilt is the first to see the need for unity to regain America’s stature in the world. Vanderbilt makes his mark in shipping and then the railroad industry. Railroads stitch together the nation, stimulating the economy by making it easier to move goods across the country. But Vanderbilt faces intense competition early on, showing that captains of industry will always be challenged by new innovators and mavericks |
Task I.
As we watch some video clips of the building of the economy and entrepreneurship in America, you will learn what exactly these words mean through forming predictions. Take notes and be ready to discuss the following new terms and questions...
As we watch some video clips of the building of the economy and entrepreneurship in America, you will learn what exactly these words mean through forming predictions. Take notes and be ready to discuss the following new terms and questions...
KEY TERMS TO DEFINE:
ENTREPRENEUR, INFRASTRUCTURE, INGENUITY, INNOVATION
DISCUSSION QUESTIONS
1.Some may have called the united States a “failed experiment” after the Civil War. Why?
2.What role did Vanderbilt play in helping the country rebuild after the Civil War?
3.What is a hostile takeover? How did Vanderbilt deal with this kind of competition?
4.What major industries emerged in the decades after the Civil War?
5.What are some names and events you recognized while watching?
ENTREPRENEUR, INFRASTRUCTURE, INGENUITY, INNOVATION
DISCUSSION QUESTIONS
1.Some may have called the united States a “failed experiment” after the Civil War. Why?
2.What role did Vanderbilt play in helping the country rebuild after the Civil War?
3.What is a hostile takeover? How did Vanderbilt deal with this kind of competition?
4.What major industries emerged in the decades after the Civil War?
5.What are some names and events you recognized while watching?
Task II: Intro to Economics Nearpod
The "Men Who Built America" may have given you some valuable insight into one of the first entrepreneurs in the United States, Vanderbilt. Now it's time to build up your vocabulary before we meet the next entrepreneurs that helped to shape our post Civil War Economy. Use the NearPod link below or by clicking on the image to the right to get started on building your own foundation of Economics knowledge. |
Extension Activity: Play People's Pie
Do you like to control your own money? In People’s Pie, you control the budget of the federal government! You choose how federal revenues should be raised and how taxpayers’ money should be spent. You must decide how to fund programs that are important to you, without setting taxes too high or borrowing too much money. Click on the image to the right to play! ------------------------> |