Focus: Economic Systems

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GRADES: 9-12

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Description

Students use a comparative approach to explore concepts and materials that are frequently neglected in other economics courses. An introductory essay provides background information to the 12 classroom-ready lessons. Students examine and answer:

  • What is the economic basis for land ownership and resources?
  • What are the advantages and disadvantages of central decision-making?
  • What is the appropriate scope of, and limits to, competition?
  • What is government’s role in a market economy?
  • How much security should government provide for low-income workers?
  • How much inequality in distribution of wealth is acceptable?

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