Pros and Cons of Capitalism vs Communism 5-E Economics Lesson | Microsoft

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This lesson investigates the effects that capitalist & communist economic systems can have on a society. The activities are engaging for students & the guided, 5-E format is easy for you to use! Begin with an “I Spy” photo analysis warm-up contrasting daily life in the USSR & Russia. A “Trashketball” experiment explores the differences between capitalism & communism. Challenge your class to identify various pros & cons of each system by examining modern TV shows. Assess learning with a “Big Ideas” summary & “Exit Ticket” activity. 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
  • Exit Ticket Activity
  • Answer Keys
  • Teacher Reference Guide


5-E Guided Lesson:

  1. Engage:  “I Spy…” Photo Comparison Activity
  2. Explore:   Background Info, Vocabulary & Fill-in Notes
  3. Explain"Trashketball" Experiment Activity - Capitalism vs. Communism
  4. Elaborate: “Find the Pros & Cons on TV” - Types of Economies Activity
  5. Evaluate“Big Ideas” Summary & Exit Ticket

 

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

 

Total Pages:  56

Time:  90 Minutes

Grades: 6-12