1. ProsCons STATION 1 Economic System: ____________________ STATION 2 Economic System: __________________ ProsCons Discussion Question (write answer only): Name: _______________________

2. ProsCons STATION 3 Economic System: ____________________ STATION 4 Economic System: __________________ ProsCons Discussion Question (write answer only): Name: _______________________

3. STATION 1 Traditional Economy Refer to your notes on traditional economies. With your group, discuss and list TWO PROS and TWO CONS of living in a country that has a traditional economy. Write them inside the pros/cons chart on your handout.

4. DISCUSSION QUESTION Economic Freedom is your ability to make, spend, and use money how you wish. On a scale of 1 to 5, how much economic freedom would you have in a traditional economy? Explain your answer. Least economic freedom Most economic freedom 1 2 3 4 5 PICK A NUMBER, AND EXPLAIN YOUR REASONING!

5. STATION 2 Market Economy Refer to your notes on market economies. With your group, discuss and list TWO PROS and TWO CONS of living in a country that has a market economy. Write them inside the pros/cons chart on your handout.

6. DISCUSSION QUESTION Economic Freedom is your ability to make, spend, and use money how you wish. On a scale of 1 to 5, how much economic freedom would you have in a market economy? Explain your answer. Least economic freedom Most economic freedom 1 2 3 4 5 PICK A NUMBER, AND EXPLAIN YOUR REASONING!

7. STATION 3 Command Economy Refer to your notes on command economies. With your group, discuss and list TWO PROS and TWO CONS of living in a country that has a command economy. Write them inside the pros/cons chart on your handout.

8. DISCUSSION QUESTION Economic Freedom is your ability to make, spend, and use money how you wish. On a scale of 1 to 5, how much economic freedom would you have in a command economy? Explain your answer. Least economic freedom Most economic freedom 1 2 3 4 5 PICK A NUMBER, AND EXPLAIN YOUR REASONING!

9. STATION 4 Mixed Market Economy Refer to your notes on mixed market economies. With your group, discuss and list TWO PROS and TWO CONS of living in a country that has a mixed market economy. Write them inside the pros/cons chart on your handout.

10. DISCUSSION QUESTION Economic Freedom is your ability to make, spend, and use money how you wish. On a scale of 1 to 5, how much economic freedom would you have in a mixed market economy? Explain your answer. Least economic freedom Most economic freedom 1 2 3 4 5 PICK A NUMBER, AND EXPLAIN YOUR REASONING!