Civics - 12.2.3. Performance Standard:
Explain the roles of property rights, competition, and profit in a market economy.
This standard ties into the project I'm working on, with few of my life students, because inorder for the project we had to find a place we would sale our merchandise at (rules of property rights). So we had to find a location that would be perfect to get our booth stationed, with the condition of following the property rules of course. A location were we would first start would be at the football games. Its a great way to get started there because lots of people attend the football games. We were thinking of selling snacks and drinks at our booth, but there is already a snack bar at the football games and that would just lead into (compettion). We thought about doing something different. We were thinking of making little key chains with the initials of our school and selling them. There is a lot of things we have in mind, but we just have to plan and see what happens. By selling these merchandise, we would come up with some good (profit). The more we would sell and the profit we would make we would increase our merchandise, for example if we would make enough profit we could start buying supplies for our silkscreen machine like t-shirts. But first, we would have to start by fundraisning.
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