Economic Systems
Contrast market and command economies.
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Lessons & Activities
1 Hour+
Who Works for Minimum Wage?
OVERVIEW
Do your students have questions about the debate over the minimum wage? Give them insight into the economics of price floors by using this interactive lesson.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Introduction to Perfect Competition
Hear an example of the perfect competition market.
READING Q&A
16-30 MIN
What Should College Athletes Be Paid? Market Structure and the NCAA
Evaluate market structure and understand monopsony.
LESSONS & ACTIVITIES
1 HOUR+
Entrepreneurship In Your Community: Creating Your Own Career
Learn how to create your own career through entrepreneurship.
LESSONS & ACTIVITIES
31-45 MIN
Teaching Market Structures with Gum
Highlight different market structures through a role playing game.
AUDIO Q&A
0-15 MIN
Costs of Production and the Shutdown Decision
Describe how businesses consider costs when making decisions.
