Economic Activity and Markets

Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through the prices they offer, to supply the goods each wants, and that there is nothing mysterious about this process.

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Resource Details

Grade
9th - 12th
Subjects
Social Studies & History
3 more...
Resource Type
Lesson Plans
Instructional Strategy
Simulation
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