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Grade 12 Starter Lesson: Economic Systems

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Last updated over 1 year ago
8 questions
Note from the author:
In this lesson, you will compare and contrast economic systems.

Essential Question: What makes an economics system different from another?
In this lesson, you will compare and contrast economic systems.

Essential Question: What makes an economics system different from another?
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Trim End | 02:25
Text, Question 1 | 02:25
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Text, Question 1
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Watch the video before responding to the question.
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Question 2
2.
A __________ economy is influenced by the government and __________.
Question 3
3.
In a ____________ economy, a centralized authority controls all parts of the economy.
Other Answer Choices:
mixed
market
command
Question 4
4.

What are the benefits of a free market economy for consumers?

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Question 6 | 00:38
Question 7 | 01:36
Question 5 | 01:37
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Question 6
00:38
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Question 7
01:36
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Question 5
01:37
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Question 8
8.

Respond to the focus question by uploading a file with a slide presentation or essay.

Question 1
1.

Which of the following BEST defines the term economic systems?

Question 6
6.
_______ are used to fund public services within _______.
Question 7
7.

Match the term with the correct description.

Draggable itemarrow_right_altCorresponding Item
capitalism
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total private ownership
socialism
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some private ownership
communism
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private ownership is prohibited
Question 5
5.

Communism would be an example of a command economy.