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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.Â
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Types of Economic Systems
In this Types of Economic Systems worksheet, students read then answer questions and provide examples of different economic elements in the U.S. economy.
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An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...
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ECONOMIC SYSTEMS
Students 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
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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Financial Plans
Students create an economic system based on responsibility and caring. In this economics and character lesson, students receive Character Currency and practice using the money for a good cause. Students brainstorm charities they would...
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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
Students 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 systems. ...
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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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Economics Study Guide
In this economics learning exercise, students answer a variety of fill in and short answer questions, draw a diagram to illustrate the circular flow of economic activity, and write short essays to address prompts.
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What is Economics?
Students 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
Young scholars 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, pupils 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
Students discover different economic systems. In this global economy lesson plan, students research the levels of economic activity, types of economies, maquiladoras and the differences between a free market economy and other systems....
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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?
Students 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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Economic Problems and Adjustments
This packet does not contain problems for students to solve, however it provides a complete description of the allocation of resources in a competitive market. One could send this resource home as an assigned reading or have students...
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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
Learners 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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Potty Math
You don't want to flush your money down the drain! Have your classes complete a financial comparison between two different types of toilets. They use linear modeling to determine the most cost-effective model.