Aim: Why do businesses in different industries experience varying degrees of competition in a market economy and what is the impact of that competition on consumers, society and the government?
Bell Ringer: Journal 40 – Which agencies listed in the table are familiar to you? Which affect you directly? Why? Re: Figure 7.4
Objectives:
1. SS.912.E.1.6: Compare the basic characteristics of the four market structures (monopoly, oligopoly, monopolistic competition, pure competition).
Agenda:
1. Bell Ringer (10 min)
2. Current Events (10 min)
3. Begin 'Market Structures' Concept Map and Note-taking guide presentations. (rest of class)
4. Have students complete the note-taking guide as each group presents their designated topic.
Home Learning: Complete Concept Map
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