Day 4

When you are finished with Lesson 1-3, you will be able to:

  • Identify the three economic questions
  • Differentiate among the main types of economic systems
  • Describe the economic system of the United States

Assignment 1.3.1

  1. Make a copy of this Lesson 1-3 Study Guide.
  2. Read Lesson 1-3 on pages 17-22.
  3. As you read, complete the study guide.

Assignment 1.3.2

  1. After completing Assignment 1.3.1, complete this Lesson 1-3 Self-Assessment. You can take it multiple times. Your best score will be graded.

Assignment 1.3.3

  1. Choose one of the following ten countries.  Research that country and write a short report (one page) describing its current economic system.  Determine if the economic system has changed during the last 100 years and include your findings in the report.  Title the Google Document Economic System Research – (Your Initials).
    • Botswana
    • Chile
    • Costa Rica
    • Germany
    • Greece
    • Hong Kong
    • Kazakhstan
    • Latvia
    • Singapore
    • Zimbabwe