Lesson on Friday, March 3, 2017

Aim: Are the roles of the entrepreneur, the consumer, and the government in the free enterprise system equally important, or is one more important than the other?


Bell Ringer: Journal 58 – Choose one of the economic and social goals named in this section. How might the ways in which this goal is met change over time? / Use section 2. (HW will be graded at this time)


Objectives
1. Students will compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce? (2) How to produce?; and (3) For whom to produce? 2. SS.912.E.2.1: Identify and explain broad economic goals.
3. Students will differentiate and draw conclusions about historical economic thought theorized by economists.


Agenda:
1. Bell Ringer (10 min)
2. Grade and review HW (5 min)
3. Concept Map and Economic Systems note-taking guide presentations. (rest of class)
4. Have students complete the note-taking guide as each group presents their designated topic.



Home Learning: Journal 59 – What distinguishes socialism from communism? (Use figure 2.2)