Curated OER
Focus on Russia; From Communism to Capitalism
In this Russian history worksheet, students respond to 12 short answer questions about Communism and Capitalism. Students also use the provided maps of the Russia and the U.S.S.R. to help them answer the questions.
Curated OER
The Soviet Choice For Growth
Students examine five major events in Soviet History to introduce the concept of opportunity cost. They identify considered alternatives at the time of decision and examine benefits and cost. They apply these ideas to a typical school day.
Curated OER
Economic Decisions in Other Systems: Comparative Systems
Students identify and describe the charactertics in each economic system. In groups, they discuss how economic decisions are made in each system and use the Internet to research Chad, United States and North Korea's economic systems. ...
Curated OER
Journalism: Quoting Sources
Students examine the use of sources and their quotes in news writing. They determine the reasons specific persons are used as sources and why their opinions are relevant to the article. In groups, they identify sources in articles and...
Practical Money Skills
Practical Money Skills: Market Economy
In a market economy, the principles of supply and demand determine what is produced, how it is produced, and by whom it is produced and consumed. Learn how planned economies and mixed economies differ.
Texas Education Agency
Texas Gateway: How Economies Can Be Organized: An Overview of Economic Systems
By the end of this section, you will be able to contrast traditional economies, command economies, and market economies; explain gross domestic product (GDP); and assess the importance and effects of globalization.
iCivics
I Civics: Government & the Economy
Students learn how government and the economy are related and the difference between market, command, and mixed economies.
Wikimedia
Wikipedia: Planned Economy
Wikipedia offers detailed information on a planned economy, including support, objections, planned economy and socialism, transition from planned to market economy, and related articles.
Council for Economic Education
Econ Ed Link: Nothing to Buy
This site is a printable lesson that compares the command economy of Soviet Russia with the market economy of present day Russia. Lesson provides tables with data comparing prices within the two systems. Discussion questions are also...
PBS
Pbs: Commanding Heights the Battle for the World Economy
A huge site dedicated to an understanding of the current global economic system. Includes the history, forces, values and perceptions that have shaped the world's economy. A comprehensive resource that includes a detailed economic report...
PBS
Pbs: Russia's Conversion From Communism to Capitalism
A case that examines Russia's real-world struggles of converting from a command to market economy. Asks students to consider the pros and cons of both market systems and to formulate explanations for the large gap between the country's...
Other
Federal Reserve Bank of Boston: The Economics of Pro Team Sports
Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Economic Systems
Helps students discover the three basic economic questions and how each system answers these questions, identify several key advantages and disadvantages for each economic system, recognize some economic indicators that can measure...
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