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Grade 6-8
,
Lesson

The Trading Game: Should LeBron James Mow His Own Lawn?

Time: 45 mins,
Updated: February 8 2019,
Author: Scott Niederjohn

Objective

Students will be able to:

  • Understand the advantages of trade and why countries participate in it.
  • Analyze the concept of comparative advantage to better understand the benefits of trade.
  • Apply their understanding of trade in an interactive market trading game that illustrates how voluntary trade benefits both parties.

Resources

   

Miscellaneous Items

  • An expired or no value gift card per student