Economic Systems - Planned, Mixed & Free Marked Economies - PPT, Group Task & Worksheet - GCSE & AS

A detailed lesson on the three economic systems. The PowerPoint looks at the key theory for the main types of economic systems; planned (controlled), mixed and free market economies. The lesson looks at the main pros and cons for each and provides relevant examples. I have also included great video links to life in both Cuba and North Korea that will help students fully understand life in a planned economy.

I have also included a detailed worksheet on the three economic systems. There is also a good group work task, where students need to argue which economy is the best or worse. A great selection of resources that is aimed at GCSE Economic / Business Studies students, but could easily be adapted for A-Level students.