Economic Systems Teacher Resources
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Students explain what an economic system is and how it works. In this economic systems lesson, students create a sample item to produce. Students have a short window to create additional products. Students discuss and understand supply and demand.
Students research economic systems. In this economy activity, students prepare and deliver a presentation based on their research of the three major types of economic systems. This activity includes 6 activities which are designed to further their understanding of market economy.
How do people make decisions in a world where wants are unlimited, but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to the concept of economics with this lesson plan, and then guide them through a collaborative role-playing activity that will give them a better understanding of how, while all societies face the same economic questions, governments answer these questions differently through unique and varied economic systems.
High schoolers compare and contrast all of the world's major economic systems. They are also to catergorize the economic systems in terms of ownership and distribution.
High schoolers examine the distribution of economic systems of the world. They learn the difference between developing and developed countries.
Eighth graders research the economic systems and organization of another country. They prepare a PowerPoint presentation for the class showcasing their findings.
Students develop the concept of economic systems. In this economic system activity, students create command and market economic systems.
In this economics worksheet, students complete 3 graphic organizers about economic systems and activities. Students also define 5 economics terms.
Students investigate how the six natural regions of Arkansas work together to form the economic system of the state. They read a paragraph and articles about the state and complete an activity that demonstrates interdependence. They determine how Arkansas is involved in world trade.
Fourth graders investigate and justify the geographic reasons why the colonists settled in the locations they did, and how this led to their economic system using a map of the original thirteen colonies.
Students research communist and third-world economic systems and compare them to that of the United States. They asses the three types of economies and determine the impact of natural resources and arable land on a nation's economy.
The class is divided into thirds and each third conducts Internet research on one of the three economic systems. They use an Inspiration template to type in a definition and facts about their assigned economic system. A four-two-one strategy is employed to assist students in sharing what they have found out about their systems with each other.
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for resources. Afte researching, they list three factors of production China is using in its growing economy.
Students examine and identify the different economic systems throughout the world. In groups, they develop their own economy basd on their own values and principles. They are given a problem scenerio to solve with the components of their system.
Sixth graders explore economic systems. In this economics instructional activity, 6th graders discover global markets. Students work in small groups to identify where their clothing and materials originated. Students locate countries on a map and discuss how global markets are connected.
Students identify different economic systems, compare economic systems by determining how the three basic economic questions are answered in each, and explain concept of mixed economies.
Students develop definitions for words related to economics through teacher directed deductive reasoning. Students write definitions on the computer in order to improve the use of technology skills.
Pupils examine the economic systems of the United States and other major powers. As a class, they discuss how major economic decisions are made and how an economy solves the problem of scarcity through market and non-market techniques. They discover that they are both a producer and consumer of goods and services.
Students examine the production of goods and services and the development of economic systems. After discovering how scarcity drives production, they identify people in their communities who produce goods and services. Next, students create collages of goods and services from the past up to the present.
High schoolers learn the characteristics of economic systems through problem solving, communication and representation. In this financial lending lesson, students use math to solve problems dealing with the economy today, to work with their classmates and create real life representations of how they will apply their learnings.