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Capitalism Socialism Communism 5-E Lesson | The Economic Spectrum | Google

Rated 4.83 out of 5, based on 6 reviews
4.8 (6 ratings)
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Social Studies Stuff
2.5k Followers
Grade Levels
6th - 12th, Homeschool
Standards
Formats Included
  • Google Drive™ folder
Pages
55 pages
$6.00
$6.00
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Social Studies Stuff
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What educators are saying

This was a great resource. I didn't use all of it, as some aspects were a bit more in depth than I needed for my 6th grade students, but I was very happy with the components that I used.
I used this resource with a student I tutor to help him. It broke down all the concepts well. Great resource!
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Description

This lesson examines the concepts of capitalism, socialism & communism to connect economics with the real world. The activities are engaging for students & the guided, 5-E format is easy for you to use! Begin by reviewing types of economies with a “Tale of 2 Cows” warm-up activity. Then, students complete a chart comparing the goals & characteristics of Capitalist, Communist & Socialist societies. Challenge your class to categorize traits typical of each economic system with a “Sorting Hat” practice activity. The observation activity encourages critical thinking skills by exploring where nations fall along the economic spectrum. Your purchase has print & interactive, digital versions of the materials. Made for traditional in-class learning or digital 1:1 classrooms. Everything you need is included!

Includes Google Resources: Digital & Print

  • Guided 5-E Slides Lesson
  • Fill-In Notes
  • Reading Comp Activity
  • Answer Keys
  • Teacher Reference Guide

5-E Guided Lesson:

  1. Engage: “A Tale of 2 Cows” Warm-up Activity
  2. Explore: Vocabulary & Fill-in Comparison Chart
  3. Explain: “The Sorting Hat” Practice Activity
  4. Elaborate: “The Economic Spectrum” Observation Activity
  5. Evaluate: “Overview of Capitalism” Reading Comprehension Activity

Vocabulary:

  • Economic System, Political Ideology, Traditional Economy, Free Enterprise System, Capitalism, Market Economy, Command Economy, Communism, Socialism, Mixed Economy

Aligned with Social Studies Standards: CCSS, TEKS, ELPS & NCSS

Microsoft versions of the resources are also available in my store:

Capitalism Socialism Communism 5-E Lesson | The Economic Spectrum | Microsoft

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Total Pages
55 pages
Answer Key
Included
Teaching Duration
90 minutes
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Standards

to see state-specific standards (only available in the US).
Pose and respond to specific questions with elaboration and detail by making comments that contribute to the topic, text, or issue under discussion.
Cite specific textual evidence to support analysis of primary and secondary sources.
Integrate visual information (e.g., in charts, graphs, photographs, videos, or maps) with other information in print and digital texts.

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