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...
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
Tiananmen Square
Students identify and explain the Tiananmen Square incident of June 1989.
Studentsl compare what it is to be an American Citizen (Democracy) vs.
Chinese Citizen (Communism). Students identify and define various vocabulary terms,...
Curated OER
ANDERSONVILLE PRISON: AN ECONOMIC MICROCOSM
Students identify the conditions faced by the prisoners of war at Andersonville during the Civil War. They examine how a group of civil war prisoners developed an economic system within their camp.
Curated OER
Will the Real Capitalism Please Stand Up?
Students analyze descriptions from five different countries to determine which institutional components of capitalism are present and, if so, to what extent. They then place each on a continuum depending upon the number and strength of...
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.
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
Russia's Conversion From Communism to Capitalism
Students study Russia's conversion from a communist nation to a capitalist nation.