Grade: Senior

#4350. Comparing Economic Systems

Social Studies, level: Senior
Posted Wed Apr 1 16:54:24 PDT 2009 by alex berant (alex berant).
wayne state university, Detroit, United States
Materials Required: internet,reference sources
Activity Time: a few days
Concepts Taught: comparing different economic systems

Student Teacher's Name: Alex Berant Date: 4/1/08

Grade Level secondary Topic/Unit: Comparative Economic Systems


This lesson is for the student to compare different economic systems by comparing the economies, values and cultures of three different systems.


Students will evaluate 3 nations with different economic systems. They will take these three nations and evaluate the different cultures of the nation, the overall wealth of the nation, their power internationally, the nations struggles, the nations triumphs.

Learning Resources and Materials

Students should use a variety of sources (reference websites, economic data, books, magazines, newspapers, videos) all sources are to be cited.

Development of Lesson

The lesson will begin by having the students learn various customs and values of each culture (foods they eat, jobs they have, holidays they celebrate, ect.) and present it orally with aide of PowerPoint. The lesson will continue with the student studying the economies of these nations comparing the nations average income, happiness index, overall wealth, and the differences in operation verses the other nations. This information should also be included in the PowerPoint presentation. Finally the student is to compare these nations as far as International power suggests. How successful are they at diplomacy? Do they trade a lot of goods? Are they regularly involved in conflict? If so, why? If not why?

This lesson will be most effective along with a lecture on the differences of these systems. Students will complete this is assignment in cooperative groups. For this lesson an exercise in the conflicts between these systems and how they effected everyday life of the citizens of each nation(including the United States) could develop further interest.

This assignment can be interpreted broadly therefore assigning groups countries maybe an effective way to narrow down potential overwhelming pitfalls.


Students will be evaluated on their ability to interpret the different cultures and systems as well as their conclusion of WHY each system is effective or used in each nation.

This will be an effective lesson for many students to learn about the system of the world by learning about the fun aspects of these different cultures as well as increase their ability to embrace a diverse global climate.