Title: "A Survey of Economic Systems"
Designed for Grades: 11-12
Estimated Time: 50 minutes
National Standards: Complies with NBEA Economics 2023 Standard II.1: Explain why societies develop economic systems, identify the basic features of different economic systems, and analyze the U.S. economic system’s major features
Objectives:
II.1.15. Analyze how wages and prices are determined in command or centrally planned and market economies
II.1.16. Critique command, mixed, and market economies based on the U.S. economic goals of freedom, efficiency, equity, security, employment, stability, and growth
II.1.17. Debate the advantages and disadvantages and identify the winners and losers from different government intervention examples in the economy.
Materials:
● White Board or Smart Board
● Worksheets (3)
● Student laptops with internet connections
Feeling inspired? Share these insights on social.
If you're not yet a member, click here to learn the benefits of membership.
