ECONOMICS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Production and Distribution

Learn about the process of Production and Distribution.

Making the Product
Most factories make their product in industrial sizes for very low prices. To make money, the company sells the product at a slighty higher price.

Shipping the Product
The factory where the product was made ships it to the place where it will be distributed all over the counrty. The place will then package it and ship it to the final store where it will be sold at a very high price to the customer.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sunshine State Standards 6-8

Social Studies/Economics

Standard 2:
The student understands the characteristics of different economic systems and institutions.(SS.D.2.3)

Objective 1: Understands how production and distribution decisions are determined in the United States economy and how these decisions compare to those made in market, tradition-based, command, and mixed economic systems.

 

Amusement Park Activity

Activity - Brainstorm other ways besides the ways listed above that can use that same process.

Brainstorming Fun

Idea 1. Brainstorm ways that
steps could be avoided to save
money when getting products to

the customer.

Idea 2. Discuss ways in which
you could change this system so
that it would not take multiple
companies to ship a product.

 

Vocabulary

Distribution - to ship something
out to someone else.

Production - the act of making
something

Did You Know?

The ferris wheel was created by
a bridge builder, George W.
Ferris.