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The Economics of Income: The Rich Nations Mystery
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Why are some countries very wealthy and others so poor? In this lesson you will learn about the factors that contribute to a nation's standard of living.
Grades:
Concepts:
- Capital Resources
- Entrepreneurship
- Income
- Natural Resources
Standards:
- Economics 1: Scarcity
- Economics 6: Specialization and Trade
- Economics 18: Macroeconomy-Income/Employment, Prices
Related Resources:
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