Teacher:

Ms. Golec

Date:

Subject
area:

Social
Studies

Grade
Level:

4/5/16

District:

Little Elm

School:

UNT Lesson
(5E) Lesson
4th
Unit Plan
Title
Economics
Title:

Oak Point
Elementary
Free
Enterprise

Purpose and Lesson

Standard(s): TEKS
4.12A Describe the
development of the free
enterprise system in Texas
4.12B Describe how the free
enterprise system works in
Texas
4.12C Give examples of the
benefits of the free enterprise
system in Texas
4.23A Use social studies
terminology correctly

Student
Objectives:
Students will be
able to explain
what free
enterprise means.
Students will be
able to identify the
four
characteristics of a
free enterprise
system.
Students will be
able to give
examples and
describe the
characteristics of

Understanding goals(s):
Students will understand the
characteristics of a free
enterprise system.
Students will be able to list
and describe the four
different characteristics of a
free enterprise system.

Assessment of
Objectives:
Informal: The
teacher will informally
assess the students
by observing their
answers to the
scenario questions to
check for
understanding.
Formal: n/a

Essential Question(s):
What does it mean by free
enterprise?
What are some
characteristics of a market
economy?
What are some examples of
free enterprise in Texas?
What role does an
entrepreneur play in a free
enterprise system?
What are the four
characteristics of a free
enterprise system?
Lesson Steps/Activities including Timeline & Grouping
Anticipatory Set (activate prior knowledge): Introduce the
lesson by reviewing what a free enterprise system is. What good
and services are as well as producers and consumers? Remind
the students of scenarios discussed in the previous lesson.
Goods- candy, bike, toys, chrome book, etc.
Services- babysitting, walking the dog, taking out the trash,
doing your homework, etc.
Consumer- The person who buys a good or service
Producer- Selling the goods and services
Objective/Purpose: The purpose of this lesson is for students to
understand what free enterprise is and the process we go
through in order to buy and sell goods.
Instructional Input/Modeling (direct teach): Watch the
video: https://www.youtube.com/watch?v=wHY5cdExNa8
1
When the video is over, the teacher will instruct the students to
get out their social studies journals and write free enterprise on a