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Educational graphic about socialism, capitalism, and communism with a world map background.
5E Guided Lesson plan with educational activities and a cow illustration on a blue background.
Educational materials on economic systems with digital and print versions displayed.
Educational materials including slides, notes, and activities on a blue background with dollar signs.
Educational materials on types of economies with graphics and text on a wooden surface.
Educational posters on political theory, capitalism, socialism, and communism on a wooden surface.
Educational materials on economics with Google and Microsoft compatibility text.

Capitalism, Socialism, Communism Lesson & Economics Activities - Print & Digital

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This lesson examines the concepts of capitalism, socialism & communism to connect economics with the real world. The activities are engaging for students, and the guided 5-E format is easy for you to use! Everything you need is included!

 

Start with a “Tale of 2 Cows” warm-up, contrasting various types of economies, and create a chart comparing characteristics of Capitalist, Communist, and Socialist societies. Fill-in notes accompany the lesson. Next, a “Sorting Hat” activity challenges your class to categorize real-world examples by the economic system they best fit. Encourage critical thinking skills by exploring where nations fall along the economic spectrum. Finally, students will complete a reading comprehension activity examining capitalist economic systems.

 

Digital & Printable Resources:

  • Guided Class Slides
  • Fill-in Notes
  • Reading Comp Activity
  • Answer Keys
  • Teacher Guide

 

Microsoft and Google Compatible

 

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


 

Total Pages: 55

Time: 90 minutes

Grades: 6-12