Essential Dilemma Your students will consider the following questions: In deciding to secede from the Union in 1861, did the South violate its own self-interest and thus disprove the basic economic principle that people seek to further their self-interest in the decisions they make? To get at the question, each student will assume the role of an ardent secessionist. Acting in this role, the students will apply principles of economic reasoning and use a decision grid to weigh the benefits and costs of the South's effort to create a new nation in which slavery and state's rights would forever be guaranteed by law.
What do you think of when you think of the National Parks System? Do you think of the majesty of the Grand Canyon and the redwoods of Northern California? Or does the serenity of Cape Cod and the Everglades come to mind?
According to the Merriam Webster's Collegiate Dictionary, tenth edition, the term "strike" is defined as a "temporary stoppage of activities to protest against an act or condition." This is what the NBA players union decided to do in July 1998. The term "lockout" is defined as "the withholding of employment by an employer and the whole or partial closing of his business establishment in order to gain concessions from or resist demands of employees." This is what the NBA owners decided to do. What transpired over a period of several months was one of the most interesting settlements in labor-movement history. What were the demands? Who were the winners? Who were the losers? What incentives drove the behavior of the players and the owners? Follow the links below and take notes in order to answer these questions.
The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.
This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.
18 out of 45 lessons from this publication relate to this EconEdLink lesson.
This publication contains 20 lessons designed to provide an economic insight into topics typically covered in may civics and government classes.
15 out of 21 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
14 out of 40 lessons from this publication relate to this EconEdLink lesson.