from rags to riches lesson

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    From Rags to Riches

    Melon Town Economics Unit

    Carla Bryant

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    Agenda

    1. Introduction

    2. Morphological Synthesis

    3. Write Business Proposal

    4. Debriefing Session

    5. Extended Activity

    6. Lesson Assessment Plan

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    Activity Format

    Title GroupSize

    TeachingModel Objectives

    FromRagsToRiches

    SmallGroup

    TABAInductiveThinking

    Morphological

    Synthesis

    Continuedon nextpage

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    Social Studies StudentLearning Expectations

    Students will be able to discuss the relationshipbetween economic development & the wayspeople satisfy their needs and wants.

    Analyze the roles of choice and opportunity costin decision making (P.D.C. 1.4) (Production,distribution & construction)

    Describe the roles that location, supply &

    demand, prices and profits play in determiningwhat is produced and distributed in a marketsystem (P.D.C. 1.2)

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    Gifted and Talented StudentLearning Expectations

    Problem solving

    Creativity

    Oral Communication Critical Thinking

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    Billionaire Donald Trump

    Donald Trump's father started TheTrump Organization, and wasmoderately successful selling realestate, and the son followed inthose footsteps.

    As Trump tells the story, he knewhe would need access to wealthyclients to swing large deals, so theyoung Trump wangledmembership in an "exclusive" NewYork social club, to makecontacts.

    He made contacts, made deals,and kept coming out ahead. As his

    fortune grew, Trump built theGrand Hyatt (the biggest hotelconstructed in New York since the1950s), and the Taj Mahal casino,and Trump Tower, and TrumpPlaza, etc.

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    Introduction

    Donald Trump has just announced that hewants to build a $20,000,000 theme parkin Hope, AR.

    He wants his theme park to be differentfrom any other theme park in the world.

    Think about some of the theme parks thatyou have visited

    Pair with a partner and talk about some ofthe things that you really liked and somethings that you really didnt like.

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    Morphological Synthesis

    Purpose Prompt Procedures

    To Increaseinteresting &

    unusual

    connection

    To Increase

    fluency

    To create anew theme

    park that kids

    everywhere

    will love

    Brainstormattributes of a theme

    park

    Brainstorm many

    examples in each

    category

    Close eyes, drop

    pencil on a choice in

    each category,

    connect the random

    choices with a dotted

    line to create a new

    theme park

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    Morphological Synthesisof a Theme Park

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    Writing Activity

    Business Proposal Components

    Solution SampleBenefits Credibility

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    Writing Prompt

    You are a struggling theme park developer andhave found out that Donald Trump has decidedto invest $20,000,000 to build a new theme park

    in Hope, AR. He wants the theme park to be unlike any others

    in the world!

    Using the 4 parts of a business proposal plan,

    write a theme park proposal to convince Mr.Trump that you are the person that he is lookingfor to design a new and innovative theme park.

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    Debriefing Session

    Discuss your business proposal with apartner

    Critique your plan to decide if you want tomake any adjustments

    Revise your plan if needed

    Present your proposal the class and makefinal revisions

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    Extended Activity

    Students will design and create aBusiness Proposal power pointpresentation to showcase their theme park

    design

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    Lesson Assessment

    Student showcase & a student evaluationportfolios should include the followingitems from this activity:

    Written Business Proposal

    Power-point presentation of BusinessProposal

    Both items will be assessed using a rubric