Students learn about the correlation between the use of our human and natural resources and how these resources impact the growth of our economy. Economic concepts taught at this early age equip young citizens with decision-making skills about how to effectively and sustainably use resources to benefit all. Students explore major economic activities, culture and economy, population, and migration.
To understand how our natural and human resources shape our island identity.
What are economic activities?
What is the importance of import and export in driving our island's economy?
Who are consumers and producers?
What is the importance of agriculture to the development of our island?
How does tourism impact our economy?
By the end of Grade Three, the learner will be expected to:
Assessment strategies that provide information about learning:
Economy refers to the use and management of resources, the way in which we make and spend money, and how our island generates cash flow and creates employment. Some households and countries have larger economies than others.
Consumers are people who buy or use goods and services to satisfy their wants. Producers are people, companies, or countries that make, grow, or supply goods and provide services for sale.
Culture is the way we live, expressed through festivals, religions, music, foods, dress, language, sports/games, and customs. Cultural activities can generate economic opportunities through tourism, crafts, performances, and food production.
Population refers to the number of people living in a certain place. Population size, density, and distribution affect resource allocation, infrastructure needs, and economic development.
Immigration is the movement of people into a country to settle, while emigration is the movement of people out of a country to settle elsewhere. Migration can have both positive effects (cultural diversity, economic growth, innovation) and negative effects (strain on resources, social challenges) on a region.
