Describe the relationship between economic wants and needs. Identify economic resources located within a community. Specialization is a very important concept because it is a method of improving production efficiency. Developing countries such as Mexico and Ghana still have many cottage industries. Specialization will allow these industries to become more efficient and will promote economic growth for the countries.
Introduction Have students visualize something that they can do very well.
Explain to students that they will be making paper flowers using two different production methods. First they will construct flowers as a cottage industry, with each student responsible for making a complete flower. Second, students will specialize in one part of the paper flower production. They will then compare the two poduction methods. Activity 1 Review the steps in paper flower production.