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Lesson 3: Trade and Labor: Sweatshops

…access or download and print copies of the article, “Two Cheers for Sweatshops” at: http://www.nytimes.com/library/magazine/home/20000924mag-sweatshops.html (8-29-06) Procedures Divide the class into 3 groups of 6-8 students. Explain that the purpose…

Lesson 3: When Disaster Strikes, What Can Government Do?

download EOD Lesson 3 Outline (including graphs and source citations) Concepts: incentives public choice thoery public good bureaucracy comparative advantage moral hazard Standards: Standard 4: People respond predictably to positive…

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Lesson 2 Activity: U.S. Sugar Policy

…at: The New York Board of Trade: http://www.nybot.com/, and Euronext:liffe: http://www.euronext.com/ (Use the red search button and conduct a key word search for “white sugar”.) (9/26/06) Display Visual #4, Why…

Lesson 4 Appendix: State and City Budget and Financial Reporting

…Illinois Comprehensive Annual Financial Report 2019. https://illinoiscomptroller.gov/financial-data/find-a-report/comprehensive-reporting/comprehensive-annual-financial-report/fiscal-year-2019/ Handout 1: States’ Fiscal Health Check-Up Directions: Compare the fiscal health of 4 states at https://www.data-z.org/. Include a state that ranks in the…

Lesson 3: Beneficiaries of Competition

…amounts of competition. Some variation in competition is attributable to the characteristics of the product being marketed. Agricultural markets, for instance, tend to be much more competitive than markets for…

Lesson 2: Property Rights and the Rule of Law

…a computerized land record kiosk (Bhoomi centre) is operational in 140 of the 177 taluks in Karnataka. . . . A second computer screen faces the clients to enable them…

Lesson 1: Are Disasters Good for the Economy?

…Sources Foss, Brad. “Profits Among Losses.” Sept. 10, 2006 http://www.ocregister.com/ocr/sections/business/business/article_669998.php (4-10-07)] Macaulay, Dendy. “The Chicago Fire of 1871: An Empirical Analysis” pp. 23, 28, 29 May 2005 version of paper…

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Lesson 4: Trade and Jobs

…https://www.uschamber.com/report/the-facts-nafta-assessing-two-decades-gains-trade-growth-and-jobs and https://fred.stlouisfed.org/graph/?g=n42o) Lesson 4 Activity: The Giant Sucking Sound Lesson 4 Download: Guide Copyright© 2019, The Foundation for Teaching Economics Permission granted to copy in whole or part for…

Lesson 5: Debts, Deficits, and Debasement: Using Public Choice Economics to Understand Public Debt

Download Lesson 5, Activity and Handouts Download Activity Slides Lesson Overview In this lesson, students take on the roles of elected representatives serving on the House Budget Committee. As they…

Lesson 1, Part 1: Defining Terms – Poverty and Capitalism

…and North Korea are both communist nations; is there a reason that communist Chinese standards of living are rising and communist North Koreans starve – or is it fate? Does…