Chapters 1-3 Test on Friday, February 2 (warm-ups due on test day)

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Economic Systems Ch 2-3 Notes.
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Chapters 1-3 Test on Friday, February 2 (warm-ups due on test day) ECONOMICS: January 25 Video--write down all terminology and concepts that we have learned so far this semester that come to mind when viewing; what did you think about the video; what does it make you wonder? Learning Target In order to understand the concept of mixed economies, I will be able to compare and contrast the elements of pure and mixed economies. I will know I have it when I can explain: (1) how the three fundamental economic questions are answered in a mixed economy; and (2) the mixture of economic systems in several different countries. Chapter 2, Lesson 2: Mixed Economies --characteristics of a mixed economy; features of the U.S. mixed economy; the Social Security Act of 1935—text rendering (underline one word, one phrase, and one sentence that you think is particularly significant) --socialism—compared/contrasted with communism and capitalism Closure: Communism, Socialism, or Capitalism? Why? Assignment: --read Chapter 2, Lesson 3 Chapters 1-3 Test on Friday, February 2 (warm-ups due on test day)