1. Name______________________________ Date____________________
What are different economic systems? Monday
What is an economy? An economy is the way in which people meet their needs
through the production distribution, and use of goods and services.
SS6E1 The student will analyze different economic systems.
a. What is a service?
b. What is a good?
What are different types of economies?
a. Traditional economy
b. Command economy
c. Market economy
d. Mixed economy
SS6E5 c, SS6E8c, SS6E1c Describe, Compare, and Contrast the economic systems
found in the following countries (purple workbook)
Country Traditional Command Market Mixed
Cuba p 114
Brazil p 114
Canada p 114

2. United
Kingdom p
175
Germany p
176
Russia p 177
Australia p
210
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Tuesday : What are the benefits of trading?
p 42 (Resource: purple workbook)
What is international trading?
a. Exports –
b. Imports –
c. Specialization-
a. What does Canada specializes in order to trade with other
companies?
b. What does Australia specialize in order to trade with other
countries? P 210
What are different trade barriers? P 43
a. Tariffs
b. Quotas

3. c. Embargos-
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Wednesday :What influences economic growth? (Describe each and tell why it
grow the economy) P 78-81 (Blue Workbook)
What is GDP?
a. (fact)
b. (fact)
What are Natural resources?
1. Why
Answer questions p 81( Blue workbook)
188
189
190
c. What is Human capital?
1. Why?
Answer questions p 78-79 ( complete statement)
179

4. 180
181
182
d. WHAT ARE Capital goods ?
1. Why?
Answer questions
183
184
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Thursday: What is an entrepreneur? P82. (Blue WORKBOOK)
Many of the today’s large computer companies were started by
entrepreneurs.
Answer questions
191
192
193
194
195
196

5. PERSONAL MONEY MANAGEMENT CHOICES
What is an income? What is budget? What is credit?
What is a saving? What is investing? What is interest?
Answer questions Blue Workbook 84- 86
199 200.
201. 202.
203. 204.
205.
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Friday: Blue workbook p 77
What is currency?
Country Name of currency
Canada
Mexico
United States
Cuba
Brazil
Australia
Europe
On the back of paper complete
P 198 ( 506-507)
P 77 (176- 178)
P 151 (386-387)