|
|
|
Author:
Foundation for Economic Education
|
|
|
|
|
| Description: |
|
This lesson plan and its linked article help students to understand the basic incentive structure economic systems provide. Students will 1) engage in a simulation that demonstrates the ?Tragedy of the Commons?; 2) understand that different incentives create different results in the economy; and 3) explain how an economic system based on private ownership and free markets provides incentives to manage resources wisely and creates better likelihood of prosperity.
|
|
|
Browse in Categories:
|
|
|
|
| More information about this material: |
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
no
Source Code Available:
no
Accessiblity Information Available:
no
Copyright:
no
Creative Commons:
unsure
|
|
 |
About this material: |
Peer Reviews (not reviewed)
Workflow status (Not triaged)
Comments (none)
Learning Exercises (none)
Personal Collections (none)
Accessibility Info (none)
|
|
|
| |
Add your own: |
|
|
| |
|
|
|
|
| |
| |
|
