Economics for Leaders: The “Giant Sucking Sound”– Job Woes or Trade Flows?
Source: FTE | Type: lesson / activity
Students role-play employers and workers in the t-shirt industry to demonstrate the impact of changes in worker productivity on labor markets. Then, using what they discovered in the simulation, student teams consider whether expanding into international labor markets can increase profits for a fictional employer, income for workers, and/or wealth for the society as a whole.
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