Grade 12 Starter Lesson: Economic Systems
By Formative Staff
star
star
star
star
star
Last updated about 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?
Required
Which of the following BEST defines the term economic systems?
Which of the following BEST defines the term economic systems?
Required
A __________ economy is influenced by the government and __________.
In a ____________ economy, a centralized authority controls all parts of the economy.
Other Answer Choices:
mixed
market
command
Required
What are the benefits of a free market economy for consumers?
What are the benefits of a free market economy for consumers?
Required
Communism would be an example of a command economy.
Communism would be an example of a command economy.
Required
_______ are used to fund public services within _______.
Required
Match the term with the correct description.
Match the term with the correct description.
| Draggable item | arrow_right_alt | Category |
|---|---|---|
capitalism | arrow_right_alt | total private ownership |
socialism | arrow_right_alt | some private ownership |
communism | arrow_right_alt | private ownership is prohibited |
Required
Respond to the focus question by uploading a file with a slide presentation or essay.
Respond to the focus question by uploading a file with a slide presentation or essay.