The Final Challenge Worksheet




Name of Group Members:

                                                        _________________________
 

                                                         _________________________
 

1. Open up the box of materials to see what goodies you and your team have to work with.
 
Rice Krispies
pot
9x12 pan
various molds
plastic utensils
cooking spray
tubes of icing
burner or hot plate
food coloring
marshmellows
wax paper
chocolate bits
spoon
margerine
measuring cups
plates

2. Brainstorm a list of possible goods or services that you could create using some or all of the materials.  Be as creative as you can.
 

 
 
 
 
 
 

 

3. Choose your final product from your brainstorm list.

__________________________________
 

4. Decide whether your product is a good or service.  Circle your choice.
 

5. Identify if your product is a consumer want or need.  Circle your choice.
 

6. Give your product a creative name.

__________________________________________
 

7. List the steps you would need to use in order to create your product.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 

8. Identify your resources as human, natural, or capital.  You should have at least one of each type of resource.  (Remember to trace some materials back to their original natural resources.  For example, rice is the natural resource used to make Rice Krispies.)
 
Human Resources Natural Resources Capital Resources
     
     
     
     
     
     
     
     
     
     
     

9. Give your product a price. ______________

10.   Decide as a group how you are going to present your product to the President of Econ-o-mania.  Are you going to create a poster on the computer or by drawing it, write up a written proposal, or create a slide show using KidPix.

____________________________________________________________________

11. Create your final presentation.  Be sure you include all of the information in steps 4 - 10 above.

Bye-Bye