Different World Economies

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Different World Economies

• Social Studies/Economics

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Descriptive Overview Students Will
Exhibit Their Knowledge of World Economies.
Students Will Be Able to Compare and Contrast
the Advantages and Disadvantages of These
Economies. Students Will Also Analyze the
Evolution of the United States Economy From a
Basic Market Economy to a Mixed Economy.
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Lesson Objectives/Goals

• Students will
• Interpret the historical and political
  significance of world economies

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Key Questions

• What are the characteristics of each type of
  economy?
• How have world events contributed to the
  development of specific economies?

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Political Cartoon

• 1. Why is Gorbachev holding the soviet union?
• 2. What effect will this shrinkage have on the
  soviet economy?
• 3. According to the cartoon, what has democracy
  done to the soviet union?
• 4. To which economy is democracy related?
• 5. How do we know that Gorbachev is agitated in
  this cartoon? Why do you think he is agitated?

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Political Cartoon

• 1. What type of economy does this cartoon refer
  to?
• 2. How is this economy different from a mixed
  economy?
• 3. Describe why this cartoon is humorous.
• 4. Why are all of the other seats empty?
• 5. Do you think any other communist leaders will
  be showing up at this meeting? Why or why not?

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Constitution Questions

• 1. Why would the framers of the Constitution
  think it was necessary to describe the basis for
  our economy?
• 2. Do you think it is necessary for the
  government to regulate the economy?
• 3. Based on the history of the United States,
  describe the evolution of our economy beginning
  with the traditional economy of the American
  Indians.

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• No State shall make or enforce any law which
  shall abridge the privileges or immunities of
  citizens of the United Sates nor shall any Sate
  deprive any person of life, liberty, or property,
  without due process of law.