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.
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...
Curated OER
How Economic Systems Developed
Students 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...
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
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. For 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
Students examine the American economic system. In this economics 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...
Council for Economic Education
Economic Data Lesson: Economic Policy Options
Can you make decisions that will impact millions of people around the nation? Scholars research the role of the Federal Reserve, and its Chairman, on the economic outlook of the country. They analyze current trends in unemployment,...
Curated OER
Arkansas- Economic System
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...
Curated OER
The Origins of the Cold War, 1945-1949
Learners investigate the early years of the Cold War and the origins of containment. Both supporters as well as critics are probed to examine the differences that emerged in the months following the end of the war in Europe. This unit...
PBS
Amid Rising Economic Inequality, Does America Need a Third Reconstruction?
Young political scientists investigate the Poor People's Campaign protest held in Washington, D.C., on June 18, 2022. They research how the event was reported in various news outlets and consider their stance on whether "poverty is...
Curated OER
Introducing the Classroom Economy
Students discuss the definition of economics and study how current and historic societies have had economic systems. They determine necessary classroom jobs and attach ddaily or weekly salaries to those positions. Students are introduced...
Curated OER
The Stock Market: Risks & Rewards
In order to better understand the US economy, learners read and interpret stock market price reports. They define profits and explain the role of profits in the American economic system for both firms and individual investors. Several...
Curated OER
A Command Economic System
Students discover the Command Economic System, which is found in countries like the Former Soviet Union, North Korea, and China. Students identify five characteristics unique to the Command Economy.
Texas Education Agency (TEA)
Prices in Private Enterprise System
Learning sure is in demand! Pupils explore the economic principle of supply and demand with a series of engaging, hands-on activities. They practice comparison shopping for a bottle of soda, conduct research on ticket scalping, and...
Curated OER
Government Lesson Plan 16
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.
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