Name: _______________________
STATION 1
Economic System: ____________________
Pros
Discussion Question (write answer only):
Cons
STATION 2
Economic System: __________________
Pros
Discussion Question (write answer only):
Cons
Name: _______________________
STATION 3
Economic System: ____________________
Pros
Discussion Question (write answer only):
Cons
STATION 4
Economic System: __________________
Pros
Discussion Question (write answer only):
Cons
STATION 1
Traditional Economy
Refer to your notes on traditional
economies. With your group, discuss
and list TWO PROS and TWO CONS of
living in a country that has a traditional
economy. Write them inside the
pros/cons chart on your handout.
DISCUSSION QUESTION
Economic Freedom is your ability to
make, spend, and use money how
you wish. On a scale of 1 to 5, how
much economic freedom would
you have in a traditional economy?
Explain your answer.
Least economic freedom
1
Most economic freedom
2
3
4
PICK A NUMBER, AND EXPLAIN YOUR REASONING!
5
STATION 2
Market Economy
Refer to your notes on market
economies. With your group, discuss
and list TWO PROS and TWO CONS of
living in a country that has a market
economy. Write them inside the
pros/cons chart on your handout.
DISCUSSION QUESTION
Economic Freedom is your ability to
make, spend, and use money how
you wish. On a scale of 1 to 5, how
much economic freedom would
you have in a market economy?
Explain your answer.
Least economic freedom
1
Most economic freedom
2
3
4
PICK A NUMBER, AND EXPLAIN YOUR REASONING!
5
STATION 3
Command Economy
Refer to your notes on command
economies. With your group, discuss
and list TWO PROS and TWO CONS of
living in a country that has a command
economy. Write them inside the
pros/cons chart on your handout.
DISCUSSION QUESTION
Economic Freedom is your ability to
make, spend, and use money how
you wish. On a scale of 1 to 5, how
much economic freedom would
you have in a command economy?
Explain your answer.
Least economic freedom
1
Most economic freedom
2
3
4
PICK A NUMBER, AND EXPLAIN YOUR REASONING!
5
STATION 4
Mixed Market Economy
Refer to your notes on mixed market
economies. With your group, discuss
and list TWO PROS and TWO CONS of
living in a country that has a mixed
market economy. Write them inside the
pros/cons chart on your handout.
DISCUSSION QUESTION
Economic Freedom is your ability to
make, spend, and use money how
you wish. On a scale of 1 to 5, how
much economic freedom would
you have in a mixed market
economy? Explain your answer.
Least economic freedom
1
Most economic freedom
2
3
4
PICK A NUMBER, AND EXPLAIN YOUR REASONING!
5