Ups and Downs of the Economy
Understanding that economies experience periods of growth and slowdown, and how this affects people.
Key Questions
- Explain that economies do not always grow at the same rate; they have periods of faster and slower growth.
- Discuss how periods of economic slowdown might affect jobs, prices, and people's spending.
- Identify signs of a growing economy (e.g., more jobs, new businesses) and a slowing economy (e.g., job losses).
MOE Syllabus Outcomes
Suggested Methodologies
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