BBB4M – Unit 3 – Lesson 7: Economics Systems

Overview

Duration

100 minutes

Lesson Objective

• To learn about economic systems.

Lesson Outcomes

• Describe the three economic systems.
• Explain the differences between the three economic systems.
• Analyse the effects of the different economic systems on international success.
• Write an essay analysing the effects of the economic systems on businesses.

The Lesson

Sequence

1. Riddle me this…
2. Starter: 60 seconds discuss | Political Cartoon [class task].
3. Economic Systems | Overview | YouTube Video [class task].
4. Economic Systems | Table worksheet [teacher led instruction and note taking].
5. Federal Reserve Bank of Canada | Infographic Activity [paired task].
6. Federal Reserve Bank of Canada | Infographic Review [class discussion].
7. Review: Which economic system is best for business? [class discussion].

Assignment 3.4 | Economic Systems | Business Essay

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