Geography: Types of World Economies - Systems Task Card, Monopoly Game, & PP
By Geography and Math Made Easy
What type of economy do we live in? How does it affect our way of life, what we own, where we work, how we obtain resources, and how goods and services are produced? This resource will help your students understand the different types of economies and how each plays a role in cultures around the world. Understanding economic systems — Traditional economy, market economy, command economy, and mixed economy — can influence the way we live, work, and obtain resources. Working in groups, students will engage themselves in completing task cards after a PowerPoint or Keynote introductory presentation. Through the task cards, students will understand the ways in which different economic systems work and then will be able to apply their knowledge to various economic scenarios while playing the class game of Monopoly. Finally, students will show what they have learned by filling out Economics Exit Cards. WHAT’S INCLUDED? • Teacher-Detailed Guided Instructions • Introductory PowerPoint or Keynote Presentation & Listening Guide (Both versions included) • Why Study Economies 5 Task Cards (Group collaboration) • Group/Family Assignment Cards • Monopoly Economics Game Instructions, Game Cards, and Resources • Exit Tickets OBJECTIVES: • The learner will understand the four main economic systems. • The learner will be able to identify different country’s economic systems. • The learner will work with team members to complete Economic Systems Task Cards • The learner will analyze various econ
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