Why Are Some Nations Wealthy? | Lesson Demo
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool
This video is a classroom demonstration of Lesson 43: Why Are Some Nations Wealthy? from CEE's Capstone Exemplary Lessons for High School Economics publication. In this lesson, students work in groups to examine data from several nations regarding size, natural resources, and population. Using these data, they try to identify the nations and predict whether each nation is rich or poor. Students rank the nations from richest to poorest. After the mystery nations are revealed, students discuss economists' findings about the factors that contribute most to long-term economic growth. The video starts with an introduction of an educator describing how he teaches the lesson, followed by a demonstration of the lesson being taught to students in the classroom. This lesson was originally published in CEE's Capstone Exemplary Lessons for High School Economics, which helps students learn to apply economic reasoning to a wide range of real-world subjects—ranging from personal finance to global issues through 45 lessons. Visit the CEE Store for more information about the publication and how to purchase it.
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