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Why do markets operate inefficiently when the world's resources are so limited? Review the various types of unemployment that exist and why some resources, especially human resources, go unused.
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CCSS:
Designed
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Instructional Ideas
- Assess learners by having them identify and discuss their own scenarios illustrating frictional, structural, and cyclical unemployment
Pros
- Very straightforward and clear explanations of the types of unemployment
- Well-organized reading and worksheet
Cons
- None