iCivics
I Civics: Government & the Economy
Students learn how government and the economy are related and the difference between market, command, and mixed economies.
Texas Education Agency
Texas Gateway: How Economies Can Be Organized: An Overview of Economic Systems
By the end of this section, you will be able to contrast traditional economies, command economies, and market economies; explain gross domestic product (GDP); and assess the importance and effects of globalization.
PBS
Pbs: Commanding Heights the Battle for the World Economy
A huge site dedicated to an understanding of the current global economic system. Includes the history, forces, values and perceptions that have shaped the world's economy. A comprehensive resource that includes a detailed economic report...
Practical Money Skills
Practical Money Skills: Market Economy
In a market economy, the principles of supply and demand determine what is produced, how it is produced, and by whom it is produced and consumed. Learn how planned economies and mixed economies differ.
Wikimedia
Wikipedia: Planned Economy
Wikipedia offers detailed information on a planned economy, including support, objections, planned economy and socialism, transition from planned to market economy, and related articles.
Council for Economic Education
Econ Ed Link: Nothing to Buy
This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...
Other
Federal Reserve Bank of Boston: The Economics of Pro Team Sports
Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.
PBS
Pbs: Russia's Conversion From Communism to Capitalism
A case that examines Russia's real-world struggles of converting from a command to market economy. Asks students to consider the pros and cons of both market systems and to formulate explanations for the large gap between the country's...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Economic Systems
Helps students discover the three basic economic questions and how each system answers these questions, identify several key advantages and disadvantages for each economic system, recognize some economic indicators that can measure...