Economic Systems Teacher Resources

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.

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. 

Intermediate English learners read short descriptions of how capitalist and communist systems function and answer the question: "What countries follow this economic system?" Frontload economics vocabulary; some relevant words are...

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.

Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics instructional activity that that asks kids to identify terms and concepts.

Students research economic systems. In this economy instructional activity, students prepare and deliver a presentation based on their research of the three major types of economic systems. This instructional activity includes 6...

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...

The class is divided into thirds and each third conducts Internet research on one of the three economic systems. They use an Inspiration template to type in a definition and facts about their assigned economic system. A four-two-one...

What works better: a planned economy or a market economy? Join the global debate with a Crash Course video about macroeconomics and the differences between economic systems. With quotes from Adam Smith and Karl Marx guiding instruction,...

Here you'll find a simple graphic organizer for comparing traditional, market, command, and mixed economies. The worksheet asks learners to note a description for each economic system, including who decides what to produce and how to...

Here is a well-designed, traditional multiple choice exam that includes 27 questions on concepts ranging from economic systems and corporations to supply and demand and competitive markets.

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...

In this economics worksheet, students complete 3 graphic organizers about economic systems and activities. Students also define 5 economics terms.

In this politics and economics social studies worksheet, students utilize their textbook to complete an outline with 10 details pertaining to political and economic systems.

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...

There are a lot of factors tied up in the US economic system. Quiz the class on how well they understand the US's economic goals, systems, and infrastructure. There are ten questions to answer.

After taking a look at various economic systems, take an economics quiz. Learners will be challenged as they answer 10 questions regarding market economy, command economy, and economic systems. 

Here is an excellent worksheet for analyzing economic systems and comparing those that exist today in such countries as the United States, China, and Cuba. Learners begin by hypothesizing which economic system would provide for greater...

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...

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...

Young scholars examine the American economic system. In this economics lesson, students research the organization of American business and determine how business decisions are made.

Fourth graders investigate and justify the geographic reasons why the colonists settled in the locations they did, and how this led to their economic system using a map of the original thirteen colonies.

Third graders compare and contrast different resources in an economic system. In this economics lesson, 3rd graders discover how different resources (natural, human, and capital) are used to produce goods and services. Students use the...