This article presents an overview of major factors contributing to the Great Recession of 2007-2009. Descriptions of teaching resources and ideas for lesson plans are provided.

The author explains how social studies teachers can make sense out of economics for their students by viewing the American economy systematically, conceptually, and interdisciplinarily. Emphasis is placed on the interrelationship of inflation, deflation, and unemployment. Simple diagrams are provided. (DE)

Explores the changes in the U.S. economy explaining that it became an engine of growth for the entire world economy. Describes the transformation in economic thought during the 20th century and relates these changes to issues of interest to social studies educators. Concludes with a discussion on 21st century thought. (CMK)

Reviews the National Survey of American Economic Literacy and asserts that U.S. citizens and students show significant and serious deficiencies in knowledge of economics and the economy. Provides suggestions for improving course content and instructional strategies. Includes a list of teacher resources. (CFR)

Contends that the role of the arts in human education and development is essential. Describes an elementary curriculum project that integrates economics and art education to study visual images of U.S. business. Includes three descriptive figures, a table of subthemes and visual art images, and a sample lesson plan. (CFR)

Maintains that the United States and its allies are helping former Communist nations make the transition to market economies. Describes the development and dissemination of the Junior Achievement International program in the Czech Republic and the Ukraine. Also describes features and instructional strategies of the program and includes a sample…

Provides an overview, guidelines, and specific suggestions for introducing economic thinking to elementary school children. Utilizes examples from US history (buffalo hunting, cattle farming) to illustrate economic concepts. Includes an appendix that frames economic concepts as mysteries with clues (and answers) provided. (MJP)

Argues that economic literacy is necessary for an informed opinion about the factors influencing our society and government. Maintains that, currently, high school students' misinformation about economic facts and their inability to perform economic analysis puts our economy at risk. Advocates increasing objective and nonpartisan economics…

Describes a classroom exercise designed to illustrate the economic aspects of common ownership, individual ownership, government regulation and to examine how these relate to conservation. The exercise involves the incremental distribution (via a turkey baster) of water between buckets marked "now" and "future." Different rules replicate different…

Describes the origins, development, and activities of the Elementary School Economics Project at the University of Chicago during the "New Social Studies" era of the 1960s. Maintains that the program was compatible with the social science and inquiry-based instructional strategies popular at that time. (CFR)

Presents an inquiry lesson about social, economic, and political changes in Vietnam since 1986. Discusses the background for the lesson and asserts that students will use processes of inquiry and critical thinking to complete the assignments. Includes instructional materials and suggestions. (CFR)

Asserts that South Korea can be an excellent subject for an effective unit on history, economic development, critical thinking skills, and cross-cultural understanding. Provides background information and a list of teacher resources for planning a unit on South Korea. (CFR)