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Economy

The economy is the system of production, distribution, and consumption of goods and services. There are different types of economies: command, traditional, market, and mixed. Each varies in their ideals and systems of controls. Economies are not borne in a vacuum. These controls, or regulations, are established by norms or laws put into place by those in power--usually a government--and they apply to individuals, industries, and governments alike.

Select from these resources to teach your students about economies.

grades

5, 6, 7, 8

subjects

Economics

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