Description

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What type of economy do we live in? How does it affect our way of life, what we own, where we work, how we obtain resources, and how goods and services are produced? This resource will help your students understand the different types of economies and how each plays a role in cultures around the world.

Understanding economic systems — Traditional economy, market economy, command economy, and mixed economy — can influence the way we live, work, and obtain resources. Working in groups, students will engage themselves in completing task cards after a PowerPoint or Keynote introductory presentation. Through the task cards, students will understand the ways in which different economic systems work and then will be able to apply their knowledge to various economic scenarios while playing the class game of Monopoly. Finally, students will show what they have learned by filling out Economics Exit Cards.

WHAT'S INCLUDED;

Teacher-Detailed Guided Instructions
Introductory PowerPoint or Keynote Presentation & Listening Guide (Both versions included)
Why Study Economies 5 Task Cards (Group collaboration)
Group/Family Assignment Cards
Monopoly Economics Game Instructions, Game Cards, and Resources
Exit Tickets

OBJECTIVES:

The learner will understand the four main economic systems.
The learner will be able to identify different country’s economic systems.
The learner will work with team members to complete Economic Systems Task Cards
The learner will analyze various economic situations and apply learned information through participation in an Economies Monopoly class game.

RESOURCES:

World Economies Introductory PowerPoint
World Economic Student Listening Guide PowerPoint
Video Capabilities: Introductory YouTube Video (Optional)
Task Cards, 1 Copy Per Group
Economies Monopoly Cards & Instruction
Money Teacher Sheet, Print Multiples
Money Student Sheet, 1 Per Group
Family Assignment Cards
1 Die Per Group or 1 Large Class Foam Die (Not Included)
Product Sheets, 1 Per Group
World Economic Exit Cards

☑ Check out the preview to see what is included.

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Disclaimer:

One purchase is for the use of one teacher. If additional teachers would like to use this product, please purchase additional licenses.

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© Geography & Math Made Easy Resources. Created by Martha Boykin ^ Will Boykin. All rights reserved. Purchase of this product grants the purchaser the right to reproduce pages for classroom use only. If you are not the original purchaser, please download the item from my store before making copies. Copying, editing, selling, redistributing, or posting any part of this product on the internet is strictly forbidden. Violations are subject to the penalties of the Digital Millennium Copyright Act.

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