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Transportation: They Say We Had a Revolution (Part 2)
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons, the students examine the advancements in automobiles, roads, airlines and airports.
Grades:
Concepts:
- Benefit
- Costs
- Exports
- Gross Domestic Product (GDP)
- Imports
- Incentive
- Innovation
- Inventors
- Investment
- Markets
- Price
- Profit
- Specialization
- Technological Changes
Standards:
- Economics 4: Role of Incentives
- Economics 5: Gain from Trade
- Economics 6: Specialization and Trade
- Economics 14: Profit and the Entrepreneur
- Economics 15: Growth
- Economics 16: Role of Government
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