today’s warm up pick up “activity four” off the desk at the front of the room. read through...
TRANSCRIPT
Today’s Warm Up
• Pick up “Activity Four” off the desk at the front of the room. Read through the scenario and complete the task that follows in your notes.–HINT: Think about the bead game we
played on Tuesday. How did the command system run the jewelry factory? How did the market system run the jewelry factory?
Remember…
• Throughout this unit, think economically… The regular definition of words like stability, security, and equity are different than their economic definitions.
Frayer Models
• For each economic goal, put the definition in your own words, provide an example, illustration, and a non-example–Don’t spend more than 3 minutes
on each!
Stand Up & Be Counted
• According to your personal beliefs and values, rank the six broad social goals in order of importance (1 being the most important, 6 being the least important)
• Be ready to defend your top and bottom choice!!!!!!!!
What is our “Utopian Society”?
• Based on the chart, what two goals does our class value the most?
• Were your personal goals in line with the goals of our class?
Today’s Exit TicketConflict vs. Complement
• Which broad social goals match up with each economic system? Explain your answers.–Market:–Command:–Traditional: