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The Caste System in Ancient India The Brahmins were the priests. The Kshatriya were the relatively small group of rulers and warriors. The Vaishyas were farmers, merchants, and traders. The Shudras were typically servants and farm workers, including mixed-race people and those who had different religions. The Dalits, the outcasts or untouchables, were not recognized as members of a caste. LESSON 6 – INDIA AND THE CASTE SYSTEM IN 200 B.C.E. FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
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Characteristics of Economic Systems Market Economic System What to Businesses produce goods and services that produce?consumers are willing and able to buy for prices that will yield profits for the businesses. How toSeeking profits, business owners decide produce?what resourcesthey will use to produce goods and services. Individuals decide what occupations they will seek in the labor market. For whom Finished goods and services are distributed to produce?to individuals willing and able to buy them. LESSON 6 – INDIA AND THE CASTE SYSTEM IN 200 B.C.E. FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
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Characteristics of Economic Systems Command Economic System What to A central planning authority (government produce?agency) decides what and how much of goods and services will be produced. How toA central planning authority (government produce?agency) decides what combinations of productive resources will be used to produce goods and services. The government may assign peopleto jobs. For whom A central planning authority (government produce?agency) decides who will receive the goods and services that are produced. LESSON 6 – INDIA AND THE CASTE SYSTEM IN 200 B.C.E. FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
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Characteristics of Economic Systems Traditional Economic System What toThe goods and services produced today are produce?the same goods and services that were produced in previous generations. How to The productive resources used are the same produce?as in past generations. Occupations are determined largely by tradition and families. For whom Finished goods and services are traded within to produce?the group or distributed based on tradition. LESSON 6 – INDIA AND THE CASTE SYSTEM IN 200 B.C.E. FOCUS MIDDLE SCHOOL WORLD HISTORY © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
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