Comparing economic systems worksheet answers
[PDF File]Comparing economic systems: capitalism, communism and ...
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Comparing economic systems: capitalism, communism and socialism "The Bolshevik," painted by Boris Kustodiev in 1920, depicts a communist marcher in the Soviet Union. Economic systems provide needs for citizens by answering several questions: What resources, such as oil reserves or rich farmland, does the country have? What can be produced from ...
[PDF File]Comparing Economic Systems NC Essential Standards for ...
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Comparing Economic Systems Overview In this lesson, students will discuss how different societies answer the same fundamental economic questions by comparing various economic systems. Grade 10 NC Essential Standards for American History: The Founding Principles, Civics & Economics
[PDF File]Comparative Systems Worksheet Geography United States ...
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Comparative Systems Worksheet Geography United States North Korea Chad Natural Resources – How many and what types of natural resources are available? Land Use – What percentage of the land is arable (capable of being farmed)? People Life Expectancy at Birth – How long are children born today expected to live?
[PDF File]Different types of economic systems
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Different types of economic systems . What is an economic system? ... What are the different goals of an economic system? The way a society answers these questions will depend on what that society’s values are. Here are some possibilities. • Economic Freedom • Economic Efficiency • Economic Equity (or Fairness) • Economic Growth • Economic Security • Economic Stability ...
[PDF File]Comparing Economic Systems - Mesa Public Schools
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Comparing Economic Systems Each economic system represents a different set of responses to the three key economic questions. A society’s economic system reflects the importance the society places on various economic goals. 1. Which economy do you think is most responsive to consumers? 2. Which economy do you think most restricts economic freedom? Economic System Who Answers the Three …
[PDF File]Handout B: Three major economic systems and their features
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Handout B: Three major economic systems and their features Recall that in 1979, China began to move away from a command economy to a market socialist economy. Let’s take a look at what these terms actually mean and what these different economies are composed of: Command Economy (Communist) (eg. Former Soviet Union, China 1949-1978) Market Economy (Capitalist) (eg. European Union …
[PDF File]Economic Systems 6th Grade Social Studies
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Economic Systems . 6th Grade Social Studies . SS6E5 The student will analyze different economic systems. a. Compare how traditional, command, and market, economies answer the economic questions of 1 - what to produce, 2-how to produce, and 3-for whom to produce. b. Explain how most countries have a mixed economy located on a continuum between ...
[PDF File]A wide range of choices is characteristic of a market ...
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Economic Systems Main Idea An economic system is a set of rules that governs what goods and services to produce, how to produce them, and for whom they are produced. Reading Strategy Graphic OrganizerAs you read the section, complete a graphic organizer like the one below to identify ways in which a market economy differs from, and is
[PDF File]mcbrideeconomics.weebly.com
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answers the key economic questions? 10 What three basic economic questions must be answered by every society? 20 Five main economic goals help a society choose its economic systems What are they? 5 3. Give an example of two economic goals conflicting with each other. 0 4. What are two characteristics of a traditional economy? (a) (b) QC) ; D
[PDF File]G U I D E T O R E A D I N G N O T E S
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an economic system in which decisions about what goods and services to produce and how are made on the basis of tradition • tradition and community values keep the economy running smoothly • people can provide for them-selves • very low standard of living • limited access to goods and services Market economy an economic system that relies
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