Compare Types of Economic Systems 5-E Lesson | Intro to Economies | Microsoft
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Description
This lesson defines & explains the types of economic systems in place around the world. The activities are engaging for students & the guided, 5-E format is easy for you to use! Begin with a fun, “4 Pics, 1 Word” warm-up activity, then introduce key vocabulary. Students complete a fill-in chart comparing the 4 main types of economic systems - Traditional, Market, Command, Mixed. Check for understanding with a “Show What You Know” practice activity, “Big Ideas” summary & exit ticket quiz. Your purchase has editable, print & interactive, digital versions of the materials. Made for traditional in-class learning or digital 1:1 classrooms. Everything you need is included!
Includes Microsoft Resources: Digital & Print
- Guided 5-E PowerPoint Lesson
- Fill-In Notes
- Comparison Fill-in Chart
- Exit Ticket Quiz
- Answer Keys
- Teacher Reference Guide
5-E Guided Lesson:
- Engage: “4 Pics, 1 Word” Warm-up Activity
- Explore: Vocabulary & Fill-in Notes
- Explain: Economic Systems Comparison Chart
- Elaborate: “Show What You Know” Practice Activities
- Evaluate: Exit Ticket Activity
Vocabulary:
- Economic System, Factors of Production, Entrepreneurs, Command Economy, Capital, Traditional Economy, Free Market Economy, Free Enterprise System, Mixed Economy, Planned Economy
Aligned with Social Studies Standards: CCSS, TEKS, ELPS & NCSS
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