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\nThe Handshake Market: Supply & Demand Activity\n

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\n\nPublisher:\n\nACDC Leadership\n\n\n
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\nHere is a great activity that helps students understand markets and price signals. In this activity half the class are buyers and the other half are sellers. The product they are selling is handshakes. There are four rounds and each last...\nHere is a great activity that helps students understand markets and price signals. In this activity half the class are buyers and the other half are sellers. The product they are selling is handshakes. There are four rounds and each last approximately 5 minutes. In the first round students determine an equilibrium. In round 2 they witness the effects of a price ceiling. In round 3 there is a shift in demand for handshakes and in round 4 there is an excise tax.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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24:29
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nACDC Leadership\n\n
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Date
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2016
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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economics, demand curve, demand
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Additional Tags

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supply, activity, clifford, handshake, simulation, make sense, pirate day, gonna end, highest score, score sheet, demand falls, high fives, analyzing handshakes, government involvement, government puts, highest price, lower price, low price, price floor, unregulated market, price ceiling, good idea, gonna happen, higher price, blue cards, good thing, handshake market, ceiling, ready, gonna, buying, open, good, high
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Classroom Considerations

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Best For: Explaining a topic
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