Grade 6-8, 9-12
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Economics of War: What About Trade During War?

Teacher Version
Objective Standards Description
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Objective

Teachers will be able to:

  • Identify and teach their students major trade routes.
  • Give examples of goods and services that are typically impacted during periods of war.
  • Construct visuals that identify the reallocation of goods and services.

Standards

State Standards

Concepts

Circular Flow, Exchange, Factors of Production, Interdependence, Markets, Markets and Prices, Money, Trade

Description

How are goods and services reallocated during periods of conflict?Trade can be largely impacted during periods of conflict. This lesson explores how goods and services are distributed during wartime by using a skit to highlight the reallocation, process and trade disruption.
Subjects:
Economics,Social Studies

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