Unit 2: Economics in Louisiana

Activity 12:  Economic Systems and Questions (GLEs:  48, 49)

CC:  Give students the following statements, written on the board or in handout form, as a basis for their reasoning:

Use MS Word to create a handout explaining the four economic systems.

Word Template for handout - "Economic Systems"

CC: Then have each group of students assume the role of one of the businesses listed above and describe how each type of economy would affect that particular business based on the four basic economic questions: what to produce, how much to produce, how to produce, and to whom to distribute. Students will present their information in a PowerPoint presentation.

Use MS Word to create a storyboard for the PowerPoint presentation.

Word template - "PowerPoint Storyboard"