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I4C

Basic Economic Concepts

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Recognize basic economic concepts (i.e., imports, exports, barter system, tariffs, closed and emerging markets, supply and demand, inflation, recession, and depression). 7.2.1


Links verified 3/29/2011


  1. Argentina: The Post-Money Economy - Barter has replaced the cash economy for many Argentines. (a report from Time magazine online)
  2. Surviving In Today's Economy Using Trade And Barter - this article starts by explaining the difference between trade and barter
  3. No Pesos? No problem - As Argentina's economy falters, millions turn to a booming bartering system to make do.



A resource for the teacher to use in planning their lessons site for teachers | A PowerPoint show related to this standard PowerPoint show | An Adobe Acrobat document in .pdf format Acrobat document | A Microsoft Word document to be downloaded Word document | This interactive site would work well on an interactive whiteboard whiteboard resource | This resource includes voice instructions for students sound | A video is available through this link video format | This site is interactive and allows students to play a game or input or collect data interactive lesson | This site includes questions for your students to check their understanding a quiz | A lesson plan can be found at this site lesson plan | This link includes something for the teacher to print to print

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