Mr. Cooper's Classroom Site

Economic Systems

Screencast

Economic Systems

Lesson Overview

Describe the three basic economic questions each country must answer to make decisions about using their resources.
Contrast the way a market economy and a command economy answer the three economic questions.

Slides/Resources

Presentation_Plus_Chapter_2_Section_2

Free Market Economy

Command Economy

Student Activity

Section 2.2 Economic Systems Graphic Organizer.pdf

Sec. 2.2 Economic Systems Graphic Organizer

Section 2.2 Economic Systems Compare and Contrast.pdf

Sec. 2.2 Economic Systems Compare and Contrast

Economic Systems Activity- Inforgraphic Worksheet.pdf

Economic Systems Inforgraphic Worksheet

*This is not Extra Credit

Infographic for "Economic Systems: How Do Countries Organize Economic Activity?"

Unit-2-Lesson-2-Economic-Systems-Student-Activity

Unit-2-Lesson-2-Economic-Systems-Student-Activity

A Look at Scandinavia...

Is Norway The Perfect Economy?

American Capitalism vs. Swedish Socialism?

Stossel: Sweden is Not a Socialist Success

Political Economic Ideologies

What is Communism?

What is Socialism?

Capitalism Part 1

Capitalism Part 2

5 Differences Between Communism and CapitalismCommunism is an economic theory that says society should take from citizens according to each one's ability and distribute to each according to need.

Socialism's Pros and ConsSocialism is an economic system where everyone equally owns production. Allocation is according to contribution.

How Capitalism Works Compared to Socialism and CommunismCapitalism is an economic theory where production is privately owned and controlled by the laws of supply and demand.

Report abuse