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The Foundations of Wealth

Format: N/A
Length: 110:00
Grade Level: 4-9 | Price: $ 15.00
Closed Captioned

How does all this money stuff work?

Most of us associate wealth with money, but real wealth can only be achieved through the production and distribution of goods and services. This series of ten playful English segments will explain how society evolved in such a way to enable a huge increase in production to be achieved. Of course there were no television cameras or film crews available 10,000 years ago to record what happened, so this series uses cartoons to illustrate how things might have been all those years ago! Each cartoon section is followed by real-world images showing how this is relevant today.

The Foundations of Wealth is designed to help students understand what the subject of Economics is all about. Economic decisions are made every day, even though students may not be aware of them. For example, all of us think about: How will I choose to spend my time today? How will I choose to spend my money? Who made the things I use? How were they made? This video will help explain a great deal about the way in which these decisions are made.

We recommend teachers prescreen this British-produced DVD to determine the suitability for their students. The DVD is meant to be shown in separate segments.

Subject Areas

Business / Family & Consumer Science

Economics

World History / Geography

Topics

Division of Labor

Economic History

Market vs. Planned Economies

Markets and Trade

Mechanization

Money

Prices

Subsistence Farming

Supply and Demand

Taxes

This is a highly entertaining video, appropriate for upper elementary and middle school grades. A great way to introduce children to otherwise complex economic ideas.

Vicki Hale
Library/Media - 12
Fayette County Public Schools , Lexington, KY

My students thoroughly enjoyed this video. They commented that it was very interesting AND they learned something too! To hear that from students just reinforced my own opinion of the video's effectiveness.

Shelah Williams
All - 5
East Marion Elementary School, Silver Spgs, FL

I particularly liked the segment and accompanying materials for supply and demand. This concept can often be complicated for high school students; these materials have simplified the concept and made supply and demand more accessible for my students.

Annette Sanchez
Economics - 12
South Valley Academy, Albuquerque, NM

I think we need to do a better job of teaching our kids about economics. This DVD was an excellent tool.

Steven Pasche
Social Studies - 8
Hawley High School, Hawley, MN

I love this video. It goes very well with our unit on early humans and how the Agricultural Revolution changed everything drastically by allowing for specialization of jobs. I am so glad that another teacher introduced this video to me.

Gretchen Stopyra
Social Studies - 6
Howard Middle School, Orlando, FL

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