Friday, September 21

Economic Systems Graphic Organizer: See below

Read about the following types of economic systems and make a graphic organizer for each system explaining what they are and identify examples.  Make sure you create a detailed explanation and not just the definition from the back of the textbook. 

Graphic Organizer Example 

1. Traditional (p26-27)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

2.  Command/Centrally Planned (p 34-35)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

3.  Market/Capitalism/Free enterprise system (p28-29)

    Explain/Define/Characteristics

    Example: What country or culture is similar?

4.  Mixed (p40 only)

    Explain/Define/Characteristics

    Example: What country or culture is similar? 

Complete the Primary source document below in Google Classroom as well as the Command vs Market gird worksheet which is also in Google Classroom.  

Adam Smith Primary Source Document

Command vs Market- Why Adam Smith was right