Lesson 2
How Neolithic Farmers Increased Their Standard of Living

Students participate in an active simulation involving families of farmers in the Neolithic period. They make decisions about whether or not to take time to produce capital goods, with the goal of producing enough wheat to survive, better clothing, and improved shelter. They discover that investing in capital goods enables them to improve their standard of living.

Visuals & Activities

Lesson 2 Activities
Lesson 2 Slides


  • Capital goods
  • Consume
  • Economic Growth
  • Goods
  • Investment
  • Labor

Standards in Economics and Personal Finance

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