Types of Economic Systems Intro Lesson & Economics Activities - Print & Digital
This lesson examines the purpose of an economic system and explores how different types of economies impact daily life. 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 fun “Survivor” warm-up where students consider their wants versus needs to win the challenge. Then, introduce vocabulary and explain key concepts. Fill-in notes accompany the lesson. Next, students consider how different types of economies function with a “What’s the Plan” activity. Finally, assess their learning with an exit ticket activity.
Digital & Printable Resources:
- Guided Class Slides
- Fill-in Notes
- Exit Ticket Activity
- Answer Keys
- Teacher Guide
Microsoft and Google Compatible
Aligned with Social Studies Standards: CCSS, TEKS, ELPS & NCSS
Total Pages: 55
Time: 1 Hour
Grades: 6-12