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.
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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.
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ECONOMIC SYSTEMS
Young scholars list and explain the three types of economic systems as well as the three economic questions that every economic society must answer at one time or another. In addition, they identify the five features of our market economy.
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Government Lesson Plan 16
Young scholars 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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Free Enterprise System
What are the benefits of a having a free enterprise system. In groups, your young entrepreneurs create a new business concept and brochure, then work independently to write a brief essay on business freedoms. This a fun and motivating...
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Economic Decisions in Other Systems: Comparative Systems
Young scholars identify and describe the charactertics in each economic system. In groups, they discuss how economic decisions are made in each system and use the Internet to research Chad, United States and North Korea's economic...
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Different Perspectives of Oregon's Forest Economic Geography
Students map data on employment in wood products manufacturing in Oregon counties. In this Oregon forest lesson, students discover the percentage of people employed in the forest manufacturing industry. Students create a box and whisker...
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What is Economics?
Learners define economics; Explain the importance and process of making economic choices and decisions; Identify the factors of Production; Determine the goal of entrepreneurship. Students identify and describe the difficulties...
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Economic Market Pain
High schoolers read and discuss article, and write an interpretation of the message for a class newspaper.
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Create Your Own Business!
Create a business and assess the costs of acquiring a business licenses and advertising. The class determines the name, location, business product to be sold and the best method to sell that product. A great way to understand the US...
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Economics Unit 1: Crossword Puzzle
In this economics worksheet, young scholars use the 35 clues in order to fill in the crossword puzzle with the appropriate answers pertaining to economic terminology.
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Economies
Learners discover different economic systems. For this global economy lesson, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other systems. This...
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East Asia Country Project
Get your young historians thinking about East Asian culture and history during this partner research project, in which they analyze a variety of East Asian aspects to prepare for a presentation. After an initial "what do we already know"...
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Learning Economics through Comics
Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...
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Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
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The Basic Questions: What, How, and For Whom?
Learners review the various types of economic systems. As a class, they identify the three basic economic questions: what?, How?, and For Whom?. Using capitalism as an economic system, they discuss how each question is answered.
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The Paper Airplane Challenge: A Market Economy Simulation
Students have the opportunity to participate in a simulation that enables them explain the characteristics of a Market Economic System.
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GIS and Agriculture
Students are introduced GIS systems and how they operate. Using a GIS system, they locate and map the various types of agricultural products grown in Oregon. They rank each county based on the amount of agricultural products produced and...
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Who, What, Where, When, and Why
Learners explain the concepts of market system, command and mixed economy. They describe the differences between needs and wants. They compare and contrast different government and economic systems.
Council for Economic Education
Banks and Credit Unions (Part 1)
Imagine you have money you want to save ... where do you put it? Pupils investigate the similarities and differences of banks and credit unions as they determine where exactly to place their hard-earned money. Through a WebQuest,...
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Children's Literature
Introduce the students to basic economic concepts and types of economic systems and develop the an understanding of how economic choices involve costs and consequences; provide introduction to rural America circa 1920 and compare to our...
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Lending Discrimination and the Community Reinvestment Act
Write about economic and banking issues of concern to the public. Investigate lending discrimination and the impact of the 1977 Community Reinvestment Act. Use a guide to do research and write an essay.
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Russia's Conversion From Communism to Capitalism
Students study Russia's conversion from a communist nation to a capitalist nation.
National First Ladies' Library
Rosie the Riveter
Learners identify and interpret the power of symbols. Then they research and identify what type of information that they can locate at the Library of Congress website and list what they learned from it in the time allotted. Students also...