1 / 4

Economic Systems Simulation

Understand the values of the three economic systems: traditional, command, and market Evaluate the strengths, weaknesses, and incentives relating to each economic system Evaluate the desired personality traits of people within different economic systems. Economic Systems Simulation. To Begin….

ciqala
Télécharger la présentation

Economic Systems Simulation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Understand the values of the three economic systems: traditional, command, and market • Evaluate the strengths, weaknesses, and incentives relating to each economic system • Evaluate the desired personality traits of people within different economic systems Economic Systems Simulation

  2. To Begin… • How does an economic system impact your life? • Watch: https://www.youtube.com/watch?v=pbDeS_mXMnM

  3. Economic Systems Game • Working within all 3 simulated economic systems • 3 five minute rounds…follow each stations directions…keeping score (tallied in between rounds) • Follow the roles within each group’s directions • Products: • Rings ($2), bracelets ($5), necklace ($10) • FOLLOW SEQUENCES!!!

  4. Reflection • How are people’s lives touched or affected by their economic system? • Strength/weakness for each? • Which system provides a better opportunity for a higher standard of living? Why? • What are the most desired personality traits of each economic system? • Which economic system is the best? Use all the information we have learned so far…

More Related