1. Chapters 1-3 Test on Monday, September 17 (warm-ups due on test day)
Economics: September 11
Warm-up List five examples of government involvement in the U.S. economy
Learning Target #1
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 the mixture of economic systems in several different countries.
Chapter 2, Lesson 2 (Day 2): Mixed Economies
--socialism—compared/contrasted with communism and capitalism; private vs. public sector; decision-makers; characteristics of socialism and communism practice --quick write: communism, socialism, or capitalism? Why? Learning Target #2
In order to understand the purpose of economic transition, I will analyze why several countries have chosen to incorporate more capitalism into their economies. I will know I have it when I can explain: (1) the initial and longer term impact of transition on several countries; and (2) how their transitions impact U.S. markets.
Chapter 2, Lesson 3: The Global Transition to Capitalism --The Chinese Economy; standard of living; GDP vs. GDP per capita; calculating and ranking GDP per capita; transition and pollution (cartoon) China's Pollution Problem;
Assignment Read Ch. 3, Lessons 1 & 2
Chapters 1-3 Test on Monday, September 17 (warm-ups due on test day)