Lesson Plan: Economics - The Three Economic Questions
Title: "The Three Economic Questions"

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


II.1.9 Analyze existing economies and how they answer the following three basic economic questions every economic system must answer:

II.1.10 What goods and services should be produced?

II.1.11. How should the goods and services be produced?

II.1.12. For whom should the goods and services be produced?


●       White Board or Smart Board

●       Flashcards

●       Student laptops with Internet connection

●       Worksheets (2)

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