Carolina K-12
Comparing Economic Systems
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...
School Improvement in Maryland
Types of Economic Systems
As an introduction to economics, government classes investigate different types of economic systems (traditional, command, market or capitalist, mixed) to determine answers to basic question about how goods are produced.
Curated OER
Identifying Economic Systems
Young historians practice identifying evidence to categorize a particular country's economic system as either a mixed, centrally planned, traditional, or free economic system in this two-part lesson.
Curated OER
Comparison of Economic Systems
Here is a worksheet in which learners identify and compare economic systems (market, command, mixed, etc.) with 18 fill-in-the-blank questions and a graphic organizer.Â
Winston-Salem Forsych County Schools
Economics Worksheet Economic Systems and Circular Flow
Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics worksheet that that asks kids to identify terms and concepts.
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.Â
Arkansas Economics
The Bead Game
What better way to learn about different economic systems than to participate in them? An engaging bead game highlights the differences between market, command, and traditional economies. In small groups, 6th graders work through three...
Carolina K-12
Sample Test: Economics
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
Council for Economic Education
The Economic System of Medieval Europe
How are economics and politics intertwined? Societies in the Medieval period used feudalism for both economic and military reasons. The arrangement provided safety and met other needs. Using the included simulation, individuals...
Federal Reserve Bank
The Story of the Federal Reserve System
Prevent the Federal Reserve System from becoming a dry topic for your middle and high schoolers by using an informative, engaging resource! The cartoon takes your class on a journey with aliens from the planet of Novus to observe the...
Curated OER
How Economic Systems Developed
Pupils explain the basic functions of the various economic systems. As a class, they identify the main characteristics of capitalism and the advantages of division of labor and specialization. They describe the relationship between the...
Council for Economic Education
India and the Caste System in 200 B.C.E.
Many young people know India had a caste system that prevented social mobility and structured Indian society. The connections between the caste system and economics may not be as clear, however. A reading, chart activity, and PowerPoint...
Council for Economic Education
Economic Systems of the Incas and Aztecs
The Inca and Aztecs created vast economic empires in South America, but how did economics play a role? A simulation activity and reading help scholars evaluate the kinds of markets these great civilizations created. They then consider...
Oklahoma Bar Association
Into Which Caste Have You Been Cast?: India's Caste System
What was it like to fit into a certain class with no choice in the matter? Learners experience the caste system in a role-play activity, work individually on handouts to enhance their learning, and participate in an evaluation activity...
Council for Economic Education
Green Eggs and ...Economics?
Scholars use four different children's books by Dr. Seuss to analyze microeconomic concepts. Group presentations and research help them better understand simple economic concepts through simple stories.
Curated OER
An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...
Curated OER
Foreign Economics
Why do so many countries export cars? Economists examine this and other foreign economics principles through this introductory worksheet. A brief text explains international trade, then lists the top 11 leaders in global trade, along...
Curated OER
Country Economic Organization
Eighth graders research the economic systems and organization of another country. They prepare a PowerPoint presentation for the class showcasing their findings.
Curated OER
Look! You're Wearing Geography
Sixth graders explore economic systems. In this economics lesson, 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...
Curated OER
Socialist and Market Economies in Tanzania
How did Tanzania transition from a socialist to a market economic system? This challenging group research project has scholars examining the change through these structural adjustment policies: trade liberalization, privatization, cost...
Curated OER
Economic Systems
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...
Curated OER
Our Economic System
Learners examine the American economic system. In this economics instructional activity, students research the organization of American business and determine how business decisions are made.
Curated OER
Government and Economics: The Ties that Bind
Students discover the relationship between government and economics. They examine concepts explained by Adam Smith and present them to the class. They also discover economists who have made a lasting contribution to the world.
Curated OER
ECONOMIC SYSTEM
Students identify two American industrialists within the United States during the second half of the 19th century. They use specific examples, compare and contrast how these two industrialists were successful in their market. Students...
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