Free Markets, Government Intervention and Homework Passes: An Economics Simulation for the History Classroom

Author： Walley Ron  

Publisher： National Council for the Social Studies

ISSN： 0037-7724

Source： Social Education, Vol.75, Iss.1, 2011-01, pp. : 26-29

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

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Abstract

From the Industrial Revolution and the communist revolutions of the twentieth century to modern globalization and the current economic crisis in the United States, the struggles between free markets and government-controlled economics have determined who would get access to scarce resources and the ways in which various societies have balanced fairness and equality. Providing students with a personal experience of both systems can help them develop their own sense of fairness and equality as well as help them understand the economic motives of revolutionary groups, entrepreneurs, social movements, and political candidates.

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