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Kids' Money 11th Grade Lesson Plan #4: Global Economic Systems
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What's Included:
- Objectives and how to teach the lesson
- Detailed notes on lesson procedure
- Videos to watch
- Links to student worksheets, books, and other materials
Kids' Money 11th Grade Lesson Plan #4_ Global Economic Systems.pdf
- 78 KB
Students Will Understand:
- There are different economic systems various countries use around the world, with pros and cons to each.
- The characteristics of these economic systems and how the American mixed market economy works. Students will analyze federal and state laws, regulations, and consumer protection agencies (e.g., Federal Trade Commission, Consumer Affairs office, and Consumer Financial Protection Bureau) can help individuals avoid unsafe products, unfair practices, and marketplace fraud.
- Trade, comparative advantages, and how different governments regulate and measure against other economies.
Students will also play a game that will reinforce their money skills, show the importance of having a money-management system, and build on the knowledge from this lesson.
Curated by a National Board Certified Teacher
Peter Brown is a National Board Certified teacher with over two decades of experience in the classroom. He loves working with students of all ages in many subjects, but particularly in practical areas like money education, to help kids achieve their goals. When he is not teaching or writing about financial literacy, you can find him surfing, hiking, skiing, or traveling to new places.