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Day 4 · Four inputs, four income categoriesYear 11 Economics · T1 W1–2 · Day 4 lesson

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Year 11 / Economics / Term 1 / Weeks 01 02

Part of the full two-week lesson sequence. Check the pack guide and taught point before teaching.

Open for this lesson: Pack guide · Practice cases · Daily routes · Fresh learner checks · Aids and text routes.

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Teacher copy: This page may include teaching prompts or answer keys. Answer keys in this public library can be viewed by anyone. Give learners a clean prompt, use checks as formative evidence, and change a case locally when prior access matters.

Learner prompts

Target: classify land, labour, produced capital and entrepreneurial ability, and associate their model income categories without asserting payments. Prepare: Card C and factors mat.

  1. Launch · 2 min. Ask whether a reusable printer is a natural resource simply because it contains metal.
  2. Model · 4 min. Sort site space as land, typesetters as labour, produced printer as capital, coordinator's combination/risk role as entrepreneurial ability. Paper stock is manufactured, so it is not the land example. Pair the textbook income words rent, wages, interest and profit in that order; C reports no actual amounts.
  3. Guided reading · 5 min. Discuss why capital here means produced productive equipment, not a household cash balance. Separate the coordinator's labour time from the distinct organising/risk role.
  4. Practice route · 7 min. Choose Day 4 route; classify the four C examples and write one “category does not prove payment” sentence.
  5. Audit · 4 min. Partner claims “the printer earned interest.” Learner corrects: interest is the abstract income category associated with capital; no financing arrangement is reported.
  6. Exit · 3 min. “Which factor is the produced printer?” Key: capital in this production classification.