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Grade 9-12
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Making Sen$e with Paul Solman: Historian Finds Positive Side of Economic Downturn

Updated: March 27 2009,
Author: barrel fan
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Standards

State Standards

Concepts

Business Cycles, Character, Consumers, Credit, Distribution of Income, Economic Development, Economic Systems, Employment and Unemployment, Income Distribution
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Great Depression historian Robert McElvaine found that economic downturns can cut down on consumption and help people focus on what really matters in life.

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