Economics – 2/25/14
I. Bellwork
Read & determine what type of economic system they created, what was their incentive, were there rules, what skills did each survivor have, did they have roles, was there a profit motive or private property?
II. Objective:
- Identify the characteristics of command, traditional, and market economies and examine how these are employed under different governmental systems.
- Determine the central ideas or information of a primary or secondary source; provide an accurate summary that makes clear the relationships among the key details and ideas.
III. Homework on iLearn – Chapter 2
IV. Notebook Work
Page 38 Figure 2.1 Discuss the various advantages and disadvantages of each economic system.
V. Discussion
VI. Classwork
A. Pg 33 Vocabulary (12)
B. Pg 41 2-4 Q&A
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