The Economic Way of Thinking · Economic Foundations
Economic Systems
Comparing how market, command, and mixed economies allocate resources and define property rights.
Key Questions
- 1How does the distribution of power affect economic outcomes?
- 2Which system provides the greatest incentive for innovation?
- 3What role should the government play in a modern market economy?
Common Core State Standards
C3: D2.Eco.3.9-12
Grade: 12th Grade
Subject: Economics
Unit: The Economic Way of Thinking
Period: Economic Foundations
Suggested Methodologies
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