CIV.28
Shoe Factory Manager
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Game Info for Teachers
COMBINED RATING
5.0 Stars
TEACHERS (2)
5.0
STUDENTS (0)
0.0
LENGTH
22 Minutes
GRADES
5
6
7
8
CAPABILITIES
ES
Spanish Language Support
Text-to-Speech Support
Saves Progress
Description
Run your own shoe factory and discover how different economic systems shape every decision you make. Across nine rounds, from tradition-bound workshops to free markets and government commands, you'll manage scarce resources, fulfill production orders, and navigate real trade-offs. Can you keep the factory running when supplies are tight, quotas are set by someone else, or you can't do everything at once? Every round teaches a new economic truth.
Vocabulary Words
Profit
Revenue
Economic system
Production
Consumption
Distribution
Traditional economy
Market economy
Supply & Demand
Demand curve
Supply curve
Command Economy
Incentives
Tradeoff
Opportunity cost
Cost-benefit reasoning
Tax
Subsidy
Interest rates
Contracts
Property rights
Mixed economy
Short term
Import tax
Long term
Federal Reserve
Money supply
Gross domestic product
Instructions
Play through this interactive game to learn about Economic Systems & Tradeoffs. Suitable for Grade 5, Grade 6, Grade 7, Grade 8.
Main Concepts
Gross domestic product (GDP) measures the total value of goods and services produced in a country and is used to compare economic performance and standards of living across nations.
Evaluating economic and policy decisions requires considering short-term and long-term consequences for different groups.
Different economic systems can produce different outcomes in efficiency, equality, innovation, and government control.
Public policy decisions often involve economic tradeoffs because limited resources must be allocated among competing needs and goals.
Opportunity cost is the value of the next best alternative that is given up when a decision is made.
Economic choices involve tradeoffs because resources are scarce — choosing one option often means giving up another possible benefit.
Government may influence the economy through taxes, spending, regulation, consumer protections, and trade policies.
Governments in market economies help set rules, enforce contracts, protect property, and address problems that markets may not solve well on their own.
Most modern economies are mixed economies because they combine market activity with government involvement.
In a command economy, the government makes many major economic decisions about production, prices, and distribution.
In a market economy, individuals and businesses make many economic decisions based on supply, demand, prices, and incentives.
Traditional, command, market, and mixed economies differ in how decisions are made about what to produce, how to produce it, and for whom to produce it.
Economic systems are the ways societies organize the production, distribution, and consumption of goods and services.
Discussion Questions
Before the Game
What are the different types of economies, and who benefits?
After the Game
After learning the different types of Economies, which one would you choose?
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Game Details
Difficulty
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Lexile Level
N/A
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