Economics – 9/19/13
I. Bellwork
Read, Discuss and Analyze the articles provided:
1. For each article explain what happened and how it relates to economics.
II. Objective
- Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.
- Identify the characteristics of command, traditional, and market economies and examine how these are employed under different governmental systems
III. Notebook Work & Discussion
A. Create a double bubble comparing the two articles and their relationship with economics and the government.
B. Page 38 Figure 2.1 Discuss the various advantages and disadvantages of each economic system.
IV. Exit Ticket
Provide examples of how the U.S. economy encompasses aspects of each economic system we discussed.
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