Module 14 Lesson 1 Mastery Assignment

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Module 14 Lesson 1 Mastery Assignment Basics of Economics For this assignment, you will create an 8 slide presentation.

Guidelines for assignment 8 slide presentation. Each slide must contain: 1. the question 2. the answer to the question 3. images relating to the concepts in each question. You can use this PowerPoint as a template for the assignment. If you use this, you will have a total of 10 slides. Feel free to change the design. Be as creative as you want to be. Any and all images included in your slides must contain the website where you obtained them. You must always cite your work to give credit to the owner.

How does a traditional economy differ from a command economy?

What is the difference between a market economy and a mixed economy?

What are the two features of capitalism?

How does competition relate to profit?

What is private property and how does it relate to capitalism?

Describe capitalism and how capitalism is connected to a market economy.

Define free enterprise