Students will review the health systems of United States and Canada. They will identify the positive aspects of each system. They will look at the trade-offs associated with those positive aspects. In Canada, everyone has health care, but certain specialized medical services are not always available. In the United States, many people are not insured, yet for many people the access to technology and specialization is phenomenal. Which is the better choice? Students will also recognize that choosing between these two systems requires a trade-off between the economic goals of economic freedom and economic security.
Using poverty rate as a measure of development, students select countries five at a time to compare how resources are allocated to three economic sectors (agriculture, industrial, service). After making comparisons, students will identify patterns in which sector is emphasized by the wealthiest countries, and will look for patterns in the geographic distribution of countries.
Seven years into its life as an independent state, Ukraine seems to be lagging behind other post-Soviet countries in economic development. News stories describing living conditions and political infrastructure are indicative of an economy slow to change. Data from the World Bank help identify relationships between economic freedom and economic growth. Read news accounts and fill in the chart below to help identify a course of action for the Ukrainians.
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This publication contains 10 lessons that reintroduce an ethical dimension to economics in the tradition of Adam Smith, who believed ethical considerations were central to life.
1 out of 12 lessons from this publication relate to this EconEdLink lesson.
This publication helps students analyze energy and environment issues from an economics perspective.
1 out of 10 lessons from this publication relate to this EconEdLink lesson.