Students simulate the transaction costs experienced by the average householder in the former Soviet Union. They consider time spent searching and waiting in line, scarcity of goods and the lure of the black market.

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.

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.

Students develop the concept of economic systems. In this economic system lesson, students create command and market economic systems.

Students study Russia's conversion from a communist nation to a capitalist nation.

Students investigate the Inaugural Speech of the President of The United States while comparing two speeches. They conduct research to find the two speeches on the internet and look at them side by side. The activity includes background...

This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...