Standard #: SS.912.E.1.3


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Compare how the various economic systems (traditional, market, command, mixed) answer the questions: (1) What to produce?; (2) How to produce?; and (3) For whom to produce?


Related Courses

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2102310: Economics (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102320: Economics Honors (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
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Related Access Points

Access Point Number Access Point Title
SS.912.E.1.AP.3 Identify differences in the major characteristics of the market, command, and mixed economic systems and how they answer: (1) What to produce? (2) How to produce? And (3) For whom to produce?


Related Resources

Lesson Plans

Name Description
Capitalism vs. Communism in the Industrial Revolution

In this lesson plan, students will analyze why communism was proposed as an alternative to capitalism during the Industrial Revolution. They will analyze political cartoons and major primary source texts by Adam Smith and Karl Marx.  The final task is a Venn Diagram comparing the theories. 

Types of Government Systems

In this lesson, students will describe and differentiate between the various systems of government that exist throughout the world and how they are tied to liberty, economic opportunity, and prosperity.

Comparing and Contrasting Economic Systems

In this lesson plan, students will examine the four main economic systems: laissez-faire capitalism, socialism, communism, and mixed-market economy. Students will analyze primary sources to support their learning. Students will create a graphic organizer using both primary sources and direct instruction.

Video/Audio/Animation

Name Description
Portraits in Patriotism - Tatiana Menaker: Secondary School

Born in 1949, under the dictatorship of Joseph Stalin, Tatiana Menaker grew up in communist Soviet Union (now the Russian Federation), witnessing first-hand the inequalities that occurred under Stalin’s rule. “Refuseniks,” Tatiana and her family applied for permission to emigrate and became “Refuseniks” when they were denied permission to emigrate. Eventually, Tatiana engineered a plan that would allow her and her family to escape the Soviet Union.

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