Cartels and Competition

Students work together in teams to role-play a cartel. Using that information, they all produce the same commodity and they are trying to make as much profit as possible. Each group completes a balance sheet and calculate the amount of profit they made during the game. They answer questions to complete the exercise.

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Resource Details

Grade
9th - 12th
Subjects
Economics & Business
1 more...
Resource Type
Lesson Plans
Instructional Strategy
Project-Based Learning
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  • Vocabulary