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Nothing to Buy
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students compare the Soviet-era marketplace with present-day Russian marketplace.
Grades:
Concepts:
- Choice
- Redistribution of Income
- Role of Government
- Scarcity
Standards:
- Economics 1: Scarcity
- Economics 2: Marginal Cost/Benefit
- Economics 3: Allocation of Goods and Services
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