3/23 Basic Economic Systems

Whenever you need help, please ask for it.

Please write your homework in your assignment book.
Please review the goal and agenda for the day (posted in the classroom).

Today in class you will 

• experience a simulation of economic systems.
• analyze how different economic systems work.

Why?

• To develop your understanding of economics.
• 
  
• To develop your critical thinking.

1.  Discuss with someone near you what you will be doing in class today and why (see above).   1 minute

2.  Fully participate with your group by following the directions during the activity.            20 minutes

3.   Sharing and debrief               25 minutes

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Parents: Instead of Asking Your Child, 
"What Did You Do in School Today?"

Ask them.......

• What are the three basic economic systems?
• What are the key features for each of the basic economic systems?