Access Point Number | Access Point Title |
SS.7.E.3.AP.4 | Compare and contrast the standard of living in various countries today to that of the United States using gross domestic product (GDP) per capita as an indicator. |
Name | Description |
Raising the Bar: A look at Capitalist vs. Government-Controlled Nations | This lesson is called “Raising the Bar- A look at Capitalist vs. Government Controlled Nations.” This activity will help students to gain a deeper understanding of the differences between capitalism and socialism/communism and the advantages of capitalism based on the GDP and GDP per capita of eight nations. This activity should follow an introductory lesson on the forms/systems of government and economic systems. The teacher will provide students with information on the types of economic systems and provide them with data on eight selected nations. Students will work collaboratively to create color-coded bar graphs to show GDP or GDP per capita over 20 years (2002, 2012, and 2022) for the eight selected nations. Students will use this information to determine the advantages of capitalist/free-market system. |
Show Me the Money: Capitalism, Socialism, Communism | The lesson begins with students exploring the terms economic freedom and standard of living in a group discussion. Students will complete graphic organizers about capitalism, socialism, and communism as they learn via a provided PowerPoint presentation. Students will reflect in writing on the advantages of capitalism and the free market. |