3/24 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 

• analyze how different economic systems work.
• identify positives and negatives for each type of economic system.

Why?

• To develop your understanding of economics.
• To develop your critical thinking.
• To practice identifying common information from multiple sources.

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

2.  Create two column notes on the CHARACTERISTICS of the three BASIC ECONOMIC SYSTEMS by doing the following:

• Review our work from yesterday after making a copy of the document at this link.            5 minutes
• Watch the video linked here.             5 minutes
• Review the slide show at this link.            10 minutes

3.   When asked to share with a partner.               10 minutes

4. Whole class discussion.                10 minutes

__________________________________________

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?

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

__________________________________________

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?

3/21 &3/22 Writing About Standard of Living

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 

•  assess countries' standard of living.
• write about a country's standard of living.

Why?

• To develop your understanding of standard of living.
• To become more understanding of others.
• To develop your critical thinking.
• To improve your writing skills.

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

2.  Close your eyes and think about the factors that influence standard of living. What evidence would help to show about them? How would you explain about that evidence?             5 minutes

3.   Day 1:  You will be writing about country's standard of living by examining data. Listen carefully to the oral directions, then read the directions. Analyze the questions and information, then plan your response to the prompt.               40 minutes

4. Day 2: Write your draft to address the prompt.               30 minutes

5. Compare countries at the following link:  https://www.ifitweremyhome.com/

While making comparisons, which do you think has a higher standard of living? Why?

__________________________________________

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

Ask them.......

• Describe the writing task.