How Economic Systems Developed

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 the accumulation of wealth and increased productivity as well.

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Resource Details

Grade
9th - 12th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Instructional Strategy
Inquiry-Based Learning