Every society operates with a mixed economic system, combining the influences of market and command models in order to form a functioning economy and government. Individual countries have unique economic systems that are each defined by how they prioritize different economic goals.
Before the module, students should have learned basic information on taxes as well as the definitions of the various economic systems. Students keep all texts and their Writer's Notebook (see resources) in a portfolio to help students stay organized and support the teacher in providing efficient feedback.
There are two central Oregon social studies content standards addressed in this module: evaluate different economic systems, comparing advantages and disadvantages of each; and compare and contrast the allocation of goods and services in market and command economies.
