Economics – 2/15/11
I. Bellwork
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Page 40 Figure 2.2 Q&A
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Page 42 Analyzing the Impact #1 Q&A
II. Objective:
Identify the characteristics of command, traditional, and market economies and examine how these are employed under different governmental systems
III. Classwork
A. Video: Socialism
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What country was the focus of the video?
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How is their health care system financed?
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What is the basis of socialism?
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What did workers form to address their needs and working conditions?
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What two groups did Marx believe opposed each other?
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What did Marx believe would eventually happen?
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What are the 2 main goals of the government in this video?
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How did the government aid the ship building industry?
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What are the advantages and disadvantages of this system?
IV. Notebook Check 1st-3rd hours
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