Handout

Social Studies Help Center: Basic Economic Concepts

Curated by ACT

This list of basic economic terms and concepts includes definitions of value, utility, and wealth.

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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
  • This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information