Name____________________ Date____________________
Summer School
Social Studies Landmark High School
WHAT ARE THE PROS AND CONS
OF THE FOUR MAJOR ECONOMIC SYSTEMS?
Directions: You
must write a essay discussing the different economic systems and the advantages
and disadvantages of each system. After you provide this information you must
SELECT one system and explain why you believe it is the BEST.
Requirements and Guidelines:
- Each essay must have a clear Introduction and Conclusion
- 2-4 TYPED pages (12 point font)
- Works Cited Page
Essay Outline
- Introduction – What are economic Systems? Why are
they necessary? What are the different economic systems?
- Traditional Economy –
Define Traditional Economy. What are some examples of a Traditional
Economy? What are the pros? What are the cons?
- Market Economy – Define
Market Economy. What are some examples of a Market Economy? What are the
pros? What are the cons?
- Command Economy – Define Command
Economy. What are some examples of a Command Economy? What are the pros?
What are the cons?
- Mixed Economy – Define Mixed
Economy. What are some examples of a Mixed Economy? What are the pros?
What are the cons?
- Conclusion - After
analyzing each type of economy, which economy is the BEST economy to you?
Why? How are the benefits of this economy superior to the other economies?
Why should other nations want to adopt this economic system? How does this
impact us today?
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