Week 3
Objective: Describe the Pros and Cons of the 4 economic systems and how they answer the 3 big economic questions.
Agenda:
Warm Up - Market, Command, and Traditional Economies.
Background Reading - Market, Command, and Traditional.
Introduction to Mixed Economies.
Should the Government be In or Out - Activity?
If Absent:
1) Complete the background reading and guided noteworksheet.
2) Review the slides and then complete the Government In or Out worksheet.