This week we reviewed the homework reinforcing supply and demand. Next we moved on to the 3 categories of resources businesses need - human, natural and capital. We listed examples within each category. We then listed specific resources that would be needed for a lemonade stand... with tasty lemonade for all to try once we had the resources to make it!
1. Resources page in notebook - asking students to determine the type of resources and color-code them accordingly.
2. Next week in class we will have a quiz over the concepts we have learned so far this year. It is important that our homeschool students get used to taking quizzes/tests to prepare them for the future. My quizzes are not 'tricky' or 'complicated' - they are designed to give students confidence and ensure they are understanding what we are studying.