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Basic operations Common Core W.7.2 resources
Caribbean Economy Simulation (Supply and Demand/Single Crop)
In this simulation, students will play the role of Plantation owner and will try to grow their sugarcane empire through buying and selling fields, paying workers' wages and government taxes, and reaping the profit after each harvest. However, it also demonstrates the law of supply and demand and teaches a lesson about diversifying your economy as the price of sugarcane fluctuates on the world market from harvest to harvest. Students wait in breathless anticipation as each harvest price is reveal
Subjects:
Grades:
6th - 9th
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