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Group of 20 Reacts to Global Economic Crisis
Source: MacNeil/Lehrer Productions | Type: Lesson
Students will learn who is in the Group of 20 and the issues they face. Students will understand that the current economic crisis is a “global event” that impacts different nations in similar and different ways.
Grades:
Concepts:
- Consumer Price Index (CPI)
- Economic Indicators
- GDP/GNP
- Gross Domestic Product (GDP)
- Trade
- Unemployment
- Unemployment Rate
Standards:
- Economics 3: Allocation of Goods and Services
- Economics 4: Role of Incentives
- Economics 10: Role of Economic Institutions
- Economics 16: Role of Government
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
- Economics 20: Monetary and Fiscal Policy
Related Resources:
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