Economic Systems Lesson Activities

In this fun and interactive lesson, your students will learn about the features of the traditional, command, market and mixed economy. They will also learn about the advantages and disadvantages of each type of economy and get to know which type of economy is used by which community or country. Through video activities and engaging worksheets, your students will learn about economic systems in a fun and age-appropriate manner.

What’s included

1. A well-crafted lesson plan consisting of lesson objectives, an introduction, guided practices and independent practices
2. A video that can be used to teach or consolidate the lesson. (hosted on YouTube)
3. Four different printable worksheets
   • Listing the characteristics of each system
   • Making a table to compare the advantages and disadvantages of each system
   • Reading different scenarios and identifying the type of economic system
     each country belongs to