Economics · Week 8 · Business, Competition, and Labor

Competition and Quality

Analyzing how competition affects price and quality and distinguishing healthy competition from rivalry that damages relationships.

Relationship skillsGrade 12About 20 minutesGrade 12, one semester
Open this activityAll Economics activities
Students will
Students analyze how competition lowers prices and improves quality, and calculate buyers' savings in a smoothie market.
SEL skill
Listen to a partner and respond respectfully while comparing ideas
What it looks like
Students practice cooperating and communicating respectfully while comparing healthy competition with harmful rivalry.
Content focus
Competition and quality
Format
Group roles share

Relationship skills

Relationship skills mean building healthy relationships through clear communication, active listening, cooperation, and working through disagreement. More relationship skills activities

What you get

A teacher guide with what to say, step by step, plus student pages and a supports page for students with diverse learning needs, including those with IEPs. Print or Project it, or assign it in Google Forms and Google Docs for Google Classroom. Your first 10 activities are free.

Standards

Fits these textbook chapters

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