Education · Experiential Learning Cycle
A teacher asks students to run a simulated commodity market where prices fluctuate based on their own buying-selling decisions. After the simulation, students compare their recorded price graphs with real-world inflation data and discuss mismatches. This activity BEST represents which phase of experiential learning in economics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Abstract Conceptualisation
- 2Reflective Observation✓
- 3Active Experimentation
- 4Concrete Experience
Correct answer
Reflective Observation
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