Economic Four Square Activity by OF6eor4

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									                       Economic Four-Square Activity
Choose one activity from each square (for a total of 4 activities).

Free Market/Capitalism                           Command/Communism
Diary entry                                      Sensory figure on Karl Marx
    Create a 3-5 sentence diary entry from           Include the following: I See, Hear,
      the point of view of a worker in a                 Think, Feel, and Say
      capitalist economy                         Flowchart
Flow Chart                                            Create a flowchart showing how
    Create a flow chart illustrating the                products go from natural resource to
      history of Capitalism. Show the                    the consumer showing who makes
      progression from resource (coal, oil,              decisions on things like price, quantity
      lumber) to economy                                 produced, and what will be produced.
Sensory figure of Adam Smith                             You will need to show who owns what
    Include the following: I See, Hear,                 at each stage of the process.
      Think, Feel and Know                       Political cartoon
                                                      Create a political cartoon showing why
                                                         a person might feel that a command
                                                         economy is best.
                                                     
Socialism                                        Mixed
Flowchart                                        Recruiting poster
    Create a flowchart showing how                  Create a poster to recruit or convince
      products go from natural resource to              a person to support a mixed
      the consumer showing who makes                    economy. You must include an
      decisions on things like price, quantity          illustration and a motto (Ex: I want
      produced, and what will be produced.              YOU for the U.S. army!)
      You will need to show who owns what        Editorial
      at each stage of the process.                  Write a 5-7 sentence newspaper
Recruiting Poster                                       article over the following topic: Is a
    Create a recruiting poster to recruit              mixed economy good or bad for a
      other nations to use a socialist                  business owner? Make sure to include
      economy.                                          bias
Acrostic Poem                                    Flow Chart
    Create an acrostic using the word               Create a flow chart illustrating the
      “Socialist”. Use complete sentences to            history of a Mixed economy. Show the
      describe aspects of a socialist economy.          progression from resource (coal, oil,
                                                        lumber) to consumer

**If you choose to make a flow cart for any of the economic systems, be sure to show
how products get from the raw materials stage to arrival at the consumer. Be sure to
show who owns what and how prices are determined and who owns the means of
production…as well as each stage in the delivery process.

READING NOTES: MANDATORY
    YOU MUST COMPLETE THE FOLLOWING IN ADDITION TO CHOOSING ONE ITEM
    FROM EACH OF THE FOUR SECTIONS!
           Reading notes-Capitalism-Page 502
           Reading notes-Command Economy-649-650, 776
           Reading notes-Socialist-pages 648-649

								
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