Type:

Description:

Pit is a fast-paced card game designed to simulate open outcry bidding for commodities. If you are familiar with this classic game, be aware that we don’t necessarily play by the rules, as written. We use the game as a way for students to learn about trade, simple negotiations, and focusing on the economic principle of comparative advantage. In this variation we use the concept of trade from Pit but NOT the Pit cards. Additionally, there is no buyer or seller needed. The purpose of this variation is to give your students the opportunity to practice the art of the trade while also getting to know their peers.

Subjects:

  • Career & Technical Education > Business
  • Social Studies > Entrepreneurship

Education Levels:

  • Grade 9
  • Grade 10
  • Grade 11
  • Grade 12

Keywords:

Be Principled,Freedom,Knowledge,Principled Entrepreneurship,Sound Judgment

Language:

English

Access Privileges:

Public - Available to anyone

License Deed:

Creative Commons Attribution Non-Commercial
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'P' - This is a trusted Partner resource
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'P' - This is a trusted Partner resource

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Non-profit Tax ID # 203478467