Lesson Plan

• Define each of the four factors of production and give appropriate examples.
• Explain how the factors interact within a production process.
• Analyse the effect of a change in any factor on output and economic growth.
• Evaluate the role of enterprise in combining the other three factors.

• Projector or interactive whiteboard
• Printed handout of the factor definitions table
• Whiteboard and markers
• Sticky notes for the opening activity
• Bakery case‑study worksheet
• Exit‑ticket slips

Begin by asking students what they think is needed to bake a loaf of bread. Connect this to prior knowledge that production requires resources. Explain that today they will identify and define the four classic factors of production and see how they work together. Success will be measured by their ability to list, define, and illustrate the factors in a real‑world example.

1. Do‑now (5'): Students write on sticky notes the resources required for a simple product (e.g., a sandwich) and post them on the board.
2. Mini‑lecture (10'): Using the projector, present concise definitions and examples for land, labour, capital and enterprise.
3. Handout activity (10'): In pairs, students complete a table by adding additional examples for each factor.
4. Case‑study discussion (15'): Groups analyse the bakery example, mapping each factor and debating the entrepreneur’s decisions.
5. PPF diagram link (5'): Show a short animation of a Production Possibility Frontier shifting as factors change; discuss implications.
6. Quick check (5'): Kahoot quiz or written exit ticket with two short questions on definitions and factor interaction.

Summarise the four factors and their interdependence, highlighting how shortages limit output. Students complete an exit ticket identifying the factors used in a local business they know. For homework, each pupil selects a nearby enterprise and prepares a brief report identifying its land, labour, capital and enterprise components.