Teachers will be able to:
- Demonstrate how profits and markets motivated people to move toward no discrimination in baseball.
- Show how markets encourage buyers and sellers to interact harmoniously and cooperatively.
- Explain how entrepreneurs take on the calculated risk of starting new businesses, either by embarking on new ventures similar to existing ones or by introducing new innovations.
- Learn strategies on entrepreneurial innovation is an important source of economic growth, especially in those markets once closed by discrimination.
This video is available to view for EconEdLink members only.
In this webinar, you will explore how markets work and how they have historically helped break down barriers to discrimination.
This webinar serves as a supplementary resource for high school and college instructors teaching about how markets work and how they have historically helped break down barriers to discrimination. A summary will provide a quick overview of the webinar and the issue will be clearly framed. Plus a “Then & Now” will be provided, helping instructors illustrate the key issues in gender and race across time in the U.S. A set of chapter learning goals. An extension activity will be offered, demonstrating the main idea – discrimination does not make economic sense in market-based economies. Student assessment items will be provided: essay questions with sample answers, a vocabulary-matching exercise, multiple-choice questions addressing history content, and multiple-choice questions addressing economics content.