So Expensive Series - Pine Nuts
As you dip your pita bread in hummus, did it ever occur to you that someone had to climb a 100-foot-tall tree to make that happen?
It would be pretty reasonable to assume that most jobs that involve harvesting use machines to make workers' lives easier. But that's not the case for pine nuts--a sought-after seed used in popular foods like pesto and hummus. An insurance underwriter's nightmare, these seeds are collected almost entirely by hand...only after they're knocked down from trees at enormous heights. What does this mean for prices we pay for products that use them? Discuss this with your students in NGPF's activity series based on Business Insider's web series: So Expensive and other videos.
Students will watch a video about a specific product or service, identify the specific factors of production that impact its price, and dig deeper by answering a few thought-provoking questions.
So Expensive: Pine Nuts
We hope this activity will help you provide your students with engaging topics to help sharpen personal finance and economics skills.
Have questions or comments? Reach out to firstname.lastname@example.org
Looking for more ways to introduce economics into your personal finance classroom? Check out NGPF’s Econ Collection!