Lesson Plan

Elements of an Economic System

Curated and Reviewed by Lesson Planet

Students review the elements of an economic system. Using a circular flow model, they explain the flow of money, products and factors of production. They identify transactions that would occur in the product and factor markets.

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Resource Details
Grade
9th - 12th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Instructional Strategy
Inquiry-Based Learning