Basic Economics Lesson 2 - Exchange and Prices

Trade, exchange, and price are the focus of this basic economic video. Economic theory is used to describe whether exchange occurs, which relates to human wants and mutually beneficial exchange. The scenarios provided are used to explain involuntary exchange with regard to how government works in economics and how prices are formed.

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Resource Details
Grade
9th - 12th
Subjects
Social Studies & History
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Resource Types
Videos
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Instructional Strategy
Flipped Classroom
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Fine Print: Educational Use