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.
- 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
- 12.2.7: CA History Social Science Content Standard, Grade 12: Principles of Economics (standard 12.2, item 7)
- CA HSS Analysis Skill: CST2 Analyze how change happens at different rates at different times, and how it affects values and beliefs as well as technology and politics. (Chronological and Spatial Thinking)
- C3 Framework (national): D2.Eco.5.9-12 Describe the consequences of competition in specific markets.
- Literacy in history: RH.11-12.1 Cite specific textual evidence to support analysis of primary and secondary sources.
Fits these textbook chapters
- Econ Alive! The Power to Choose, Chapter 7: Market Structures and Market Failures
- Economics, Chapter 3: The American Free Enterprise System
- Economics, Chapter 6: Prices
- Economics, Chapter 7: Market Structures
- Economics, Chapter 8: Business Organization
- Economics: Principles in Action, Chapter 7: Market Structures
Textbook names are used only to help you find activities that fit what you teach. RoseThread Connect is not affiliated with these publishers.
More relationship skills activities for Economics
- Why Unions Formed Relationship skillsStudying why workers formed unions, including the United Farm Workers in the Coachella Valley, alongside the concerns of employers, and practicing collective problem-solving.
- Gratitude for the Hands Behind Our Goods Relationship skillsStudents trace one everyday product back through the workers who made it and write thank you notes to people whose work sustains them.
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RoseThread Connect activities are drafted with the help of AI and shaped by educators. Students never have to share anything personal. Our five SEL skills are informed by CASEL's SEL Framework; RoseThread Learning is not affiliated with or endorsed by CASEL.