This video teaches the concept of Economic Development. Economic development is a sustained increase in the standard of living of a country's population.

Key Concepts

Economic Growth, Economic Systems, Income, Economic Development

OTHER RELATED LESSONS

Marketplace: Doing Business in Afghanistan

In May 2002, delegates from governments, international companies, and financial institutions met at a United Nations conference in Tehran to discuss the reconstruction of Afghanistan. Afghanistan's officials say that to create a viable economy and a stable society, the country must recreate basic...

Grades 6-8, 9-12

Transportation: They Say We Had a Revolution (Part 1)

Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons,the students examine transportation and its impact on our nation (and...

Grades 6-8, 9-12

Henry Ford and the Model T: A Case Study in Productivity (Part 3)

When Henry Ford announced he was going to produce an automobile that would be affordable to the masses, it is doubtful even he realized the far reaching impact such an achievement would have on life in the U.S. and eventually, the world. Ford’s use of mass production strategies to manufactu...

Grades 6-8, 9-12

Do I Look Like I'm Made of Money?

One of the most common replies given by parents when their children ask for money is “Do I look like I’m made of Money?” This lesson is designed to educate students about the need for money as a generally accepted medium of exchange. The students will also learn how money is e...

Grades 3-5, 6-8

Who Get's More than Their Fair Share?

This lesson has students continue to explore a variety of ways to share, particularly when an obvious solution is not apparent.

Grades K-2, 3-5

INTERACTIVE TOOL REVIEWS

    Be the first to review this interactive tool!

    Add a Review