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This resource explores the three main types of economic systems: traditional, command, and market economies. It addresses the essential economic questions of what to produce, how to produce, and for whom to produce. Through comparison, students will learn how each system answers these questions and how most countries operate a mixed economy that lies between pure market and pure command systems. The material is suitable for educational settings and aligns with standards SS6E5.a and SS6G9.b&c.
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The Economic Divas By:London,Kayla,and, Elizabeth,
The Essential Questions • 1. How do the three types of economic systems (traditional, command, and market economies ) answer the questions of what , how and for whom to produce.
1 Standards : SS6E5.a • Compare how traditional , command , and market economies answer the economic questions of • 1- What to produce • 2-How to produce • 3- For whom to produce
2 Standard SS6G9.b&c • Students will explain how most countries have a mixed economy based on a continuum between pure market & pure command.
