Economics

Unit 1 | Topic 2.3 | Centrally Planned Economies

What are the characteristics of a centrally planned economy?

Objectives

Describe how a centrally planned economy is organized.
Distinguish between socialism and communism.
Analyze the use of central planning in the Soviet Union and China.
Identify the disadvantages of a centrally planned economy.

Procedure

Review the Aim and notes from your initial text read.
Participate in the corresponding lesson topic presentation, revising notes.
Watch corresponding video(s); further revising notes.
Complete teacher instructed assignments.

Extension

Prepare for your next class session by reading the next topic section in your text, recording alphanumeric/Cornell notes.
Complete the next topic's Interactive Reading Notepad.

Econ 2.3

View Presentation

Record and revise notes

View the corresponding topic presentation; pausing and playing as needed to record and revise notes.

Watch Khan Academy Video

Record and revise notes

Watch the corresponding topic video; pausing and playing as needed to record and revise notes.

Lesson 2.3

Lesson Materials

Centrally Planned Economies

By the end of this lesson, students should be able describe how a centrally planned economy is organized; distinguish between socialism and communism; analyze the use of central planning in the Soviet Union and China; identify the disadvantages of a centrally planned economy.

Eco 2.3 Interactive Reader.pdf

Interactive Reading Notepad

This supplemental support instructional activity provides access and reading supports of concepts of the content through active literacy.

econ_summary_en_02_03.pdf

Instructional Summary

This supplemental support instructional one-pager provides the basic concepts of the content of the lesson.

Eco 2.3 Instructional Exit Ticket.docx

Instructional Exit Ticket

What are the characteristics of a centrally planned economy?

Topic 2.2

Topic 2.4

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