Grade 9-12
,
On-Demand Webinar

NJCEE Presents: How Economic Freedom Makes the World A Better Place

Time: 60 mins,
Presenter: Joseph Difiglia
Teacher Version
Objective Standards Summary Description Resources
Print

Objective

Teachers will be able to:

  • Understand how economic freedom impacts various well-being measures, and therefore, why getting the economic institutions of a country correct is crucial for prosperity.
  • Explore how economic freedom impacts women’s well-being and various gender gaps.
  • Access to resources they can readily use in their classroom.

Standards

State Standards

Concepts

Comparative Advantage, Competition, Decision Making/Cost-Benefit Analysis

This video is available to view for EconEdLink members only.

In this economics webinar, see how lower violence, poverty and increased overall quality of life can be the result of freer markets.

Description

Presented by Antony Davies and the New Jersey Council for Economic Education.

The news promotes the idea that the world is getting worse; the facts don’t support this. Violence in the US is down 70% and poor Americans today live better than middle-class Americans did 100 years ago. World poverty has dropped from over 95% to less than 10%, inequality is falling and the environment is getting cleaner

Further understand what economic institutions are, how they are measured and why they lead to a more free society with greater respect for human rights.

Resources

Subjects:

Related Resources

Grades 6-8, 9-12

Buying Electric Appliances - Watt You Need to Know

In this lesson, students learn about the importance of energy costs when considering household budgeting decisions. They also consider the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Opportunity Cost
60 mins
Lesson

Grades 9-12

Can We End Housing Insecurity?

Students compare the economic costs and benefits of helping people who are experiencing housing insecurity and consider the ethical implications.
Key Concepts: Decision Making/Cost-Benefit Analysis, Role of Government
90 mins
Lesson

Grades 9-12

Can You Be Fashionable and Ethical?

Students “produce” blue jeans and make business choices about production to simulate the decision of changing from more expensive, but...
Key Concepts: Costs of Production, Decision Making/Cost-Benefit Analysis, Externalities…
60 mins
Lesson