How Businesses Make Things: Inputs and Outputs
Students will explore the basic process of how businesses turn resources (inputs) into goods and services (outputs), and understand that making things costs money.
About This Topic
Students will explore the basic process of how businesses turn resources (inputs) into goods and services (outputs), and understand that making things costs money.
Key Questions
- What do businesses need to make their products?
- How do businesses decide how much to produce?
- What are some of the costs a business faces when making something?
Active Learning Ideas
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