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Economics Clear

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Save the Moonflowers

Margaret Mee (1909-1988) was a botanical artist who often traveled up the Amazon River alone in search of rare flowers...
Key Concepts: Goods and Services, Markets
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Where Does the Money Come From?

With very few exceptions, the U.S. federal government does not have an "income" to spend providing goods and services. The...
Key Concepts: Roles of Government
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How Long Is Your Life?

High school students have rarely been asked to look at their future beyond where they will be going to college...
Key Concepts: Budgeting
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The Story of Jack and the Bank Stalk

Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Economic Institutions…
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US History: Inventors & Entrepreneurs

Students will learn the difference between inventors and entrepreneurs. From talking with adults they will learn some of the benefits...
Key Concepts: Consumers, Entrepreneurs, Incentive…
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Pennies Make Cents

Students will review the history of trade before money and will investigate the history of money. Students will locate information...
Key Concepts: Money, Trade, Exchange and Interdependence
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Changes in Change

This lesson begins with students visiting a web site that gives them practice in counting money. The second site goes...
Key Concepts: Economic Institutions, Goods and Services, Money
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Bill, Are You Bogus?

In a barter system, people have to trade goods and services for other goods and services. In an economy that...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
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What Does the Nation Consume?

This lesson will focus on what the nation consumes and how that is measured by Gross Domestic Product (GDP). In...
Key Concepts: Consumers, Demand, Financial Markets…
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Frontier Specialists

The level of output in an economy can be increased through specialization. Economic specialization occurs when people produce different goods...
Key Concepts: Benefits of Trade, Goods and Services, Specialization…
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Old Business, New Business

In this lesson students are introduced to several businesses from the past. They see that, while the names for these...
Key Concepts: Balance of Trade and Balance of Payments, Business, Demand…
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I Have No Money, Would You Take Wampum?

Through the use of folk tales, history, and the students' own experiences, students will recognize the inter-relatedness of goods, services,...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
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The Big Mac Index

How fast can you say "twoallbeef-pattiesspecialsauce-lettucecheesepickles-onionsonasesameseedbun?" This question was asked of millions of TV viewers in the now famous 1970s...
Key Concepts: Foreign Exchange, Markets and Prices, Money
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An Entreduction

This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…
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The Opportunity Cost of a Lifetime

All economic questions and problems arise from scarcity. Economics assumes people do not have the resources do satisfy all of...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis
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Economic Forecasting: An Internet WebQuest

Economics is often called the "science of decision making." The decisions that economists analyze range from personal decisions such as...
Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment, Fiscal Policy
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