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Interview with Adam Smith
Source: Federal Reserve Education | Type: Lesson

Grades:

• 9-12

Concepts:

• Competition
• Growth
• Trade

Standards:

• Economics 3: Allocation of Goods and Services
• Economics 5: Gain from Trade
• Economics 6: Specialization and Trade
• Economics 9: Role of Competition
• Economics 10: Role of Economic Institutions
• Economics 14: Profit and the Entrepreneur
• Economics 15: Growth
• Economics 16: Role of Government

Related Resources:

• Principles of Economics
• Economics for Leaders: The “Giant Sucking Sound”– Job Woes or Trade Flows?
• Group of 20 Reacts to Global Economic Crisis

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