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Economic Systems Clear

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The Price We Pay for Health: US and Canada

In this economics lesson, students will review the health systems of United States and Canada.
Key Concepts: Business Costs and Revenues, Choice, Decision Making/Cost-Benefit Analysis…

Economic Institutions Video and Quiz

In this economics video, students will learn about economic institutions and play a Kahoot! game.
Key Concepts: Economic Institutions, Economic Systems

Scarcity Video and Quiz

In this economics video, students will learn about scarcity and play a Kahoot! game.
Key Concepts: Economic Systems, Goods and Services, Scarcity

Broad Social Goals of an Economy

COMPELLING QUESTION Why do politicians disagree on economic issues -- isn't there one right answer? Students work in small groups...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis, Economic Systems…

Economic Systems Video and Quiz

This video teaches the concept of Economic Systems. Economic systems can be categorized according to who makes most of the...
Key Concepts: Decision Making/Cost-Benefit Analysis, Economic Development, Economic Institutions…

Incentives Video and Quiz

This video teaches the concept of Incentives. An incentive is a cost or benefit that motivates a decision or action...
Key Concepts: Decision Making/Cost-Benefit Analysis, Economic Systems, Elasticity of Demand…

Property Rights Video and Quiz

This video teaches the concept of Property Rights, which refers to the legal ownership of resources, including the right to...
Key Concepts: Economic Institutions, Economic Systems, Incentive…

Economic Development Video and Quiz

This video teaches the concept of Economic Development. Economic development is a sustained increase in the standard of living of...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Economic Development…