Lesson Plan

Identifying Economic Systems

Curated and Reviewed by Lesson Planet

Young historians practice identifying evidence to categorize a particular country's economic system as either a mixed, centrally planned, traditional, or free economic system in this two-part lesson.

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CCSS: Adaptable
Instructional Ideas
  • Model how to complete research for one of the countries before having learners complete the worksheet independently
Classroom Considerations
  • Learners should already have conceptual knowledge of each of the four economic systems prior to beginning this lesson
Pros
  • Includes handout with definitions for each of the four economic systems
  • Involves research using the CIA World Factbook, an excellent student resource for future reference
Cons
  • None