3 compare and contrast economic systems
[DOCX File]Standard: SS-HS-1.1.1
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ss-hs-3.2.1 Students will compare and contrast economic systems (traditional, command, market, mixed) based on their abilities to achieve broad social goals such as freedom, efficiency, equity, security and growth in the modern world.
[DOC File]Study guide for Economics Unit I test
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– The student will compare and contrast different economic systems and explain how they answer the three basic economic questions of what to produce, how to produce, and for whom to produce. SSEF5 – The student will describe the roles of government in a market economy.
[DOC File]Comparison of Economic Systems
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Compare the government’s role in market, command and mixed economic systems. Describe the benefits and disadvantages of a mixed economic system. Use examples and details to support your ideas. Market Command Mixed Production and distribution of goods and services – Who produces what, who gets what, how do they get it? ...
[DOCX File]SSEF4 Compare and contrast different economic systems and ...
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SSEF4 Compare and contrast different economic systems and explain how they answer the three basic economic questions of what to produce, how to produce, and for whom to produce. Compare and contrast strategies for allocating scarce resources, such as by price, majority rule, contests, force, sharing, lottery, authority, first-come-first-served ...
[DOC File]Economic Systems Unit Plan.doc.docx
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Explain the positives and negatives of the three main economic systems. (CR) 3. Economic System. is the method used by a society to produce and distribute goods and services. Answers will vary: Traditional, Market, Command, Mixed. ... Compare/contrast this information with the “unwrapped” concepts and skills listed above to determine how ...
IVY TECH STATE COLLEGE
Compare and contrast economic systems. Demonstrate how supply and demand interacts to determine market prices. Demonstrate how the market price system acts as a resource allocation mechanism. Apply the concept of elasticity. Discuss the importance of competition and market successes and failures.
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