The Unit Organizer 2 4 LAST UNIT/Experience UNIT SCHEDULE 1 5 . Compare Economic Paradigms by examining understanding the political and economic decision making processes which resulted in the industrial revolution by studying the by analyzing Economic Paradigms of North American and European Societies Consequences of the Industry Revolution by analyzing the consequences of various Economic Infrastructures How does economics determine the goods and services a society will produce to meet the wants of its citizens? 2. How is standard of living measured and accessed? 3. How does the complex system of political and economic organizations make possible the production of goods and services? timelines/flowcharts 4. How does a society’s beliefs and values affect its economic organizations? compare/contrast 5. How can a society’s economy be organized to make decisions about production? 6. How should economic decisions be evaluated; profit? Efficiency? Tradition? Morality? cause/effect Descriptions/Research 6 LEARNING 1. PROCESSES UNIT SELF-TEST QUESTIONS Development of Nations UNIT MAP Standard of Living and Infrastructure 7 NEXT UNIT/Experience 3 CURRENT CURRENT UNIT UNIT Industrial Revolution: Economic Decision Making Unit Introduction . Determine Standard of living NAME DATE The origins of basic political and economic organizations in industrial democratic societies Political Decision Making 8 BIGGER PICTURE The Unit Organizer 9 Industrial Revolution: Economic Decision Making Expanded Unit Map by examining Standard of Living and Infrastructure understanding the political and economic decision making processes which resulted in the industrial revolution by analyzing by analyzing various Economic Paradigms of North American and European Societies NEW UNIT SELF-TEST QUESTIONS 10 NAME DATE Economic Infrastructures by studying the Consequences of the Industry Revolution The Unit Organizer 9 Industrial Revolution: Economic Decision Making Expanded Unit Map by examining Standard of Living and Infrastructure Standard of Living Democratic Industrial Society values Aboriginal Society values Maintaining a high standard of living Political and economic organizations by analyzing various Economic Paradigms of North American and European Societies Economic Decision Making 1700’s European Society - Dutch Approach - French Approach - British Approach NEW UNIT SELF-TEST QUESTIONS understanding the political and economic decision making processes which resulted in the industrial revolution by analyzing Iroquoian Society 10 NAME DATE Economic Infrastructures Move to Capitalism Banking Practices Empiricism Scientific Revolution Agricultural Revolution Textile Production Shipping Population Growth Inflation Colonies Warfare Economic Trade Adam Smith Mercantilist Theory Surplus Labour Cottage Industries by studying the Consequences of the Industry Revolution Political and Economic Infrastructures - Transportation system - Free Trade - Surplus Agriculture - Financial Systems - Government New Social Organizations - Textiles - Energy - Metals Energy Source Development Gross National Product Economics of Scale Per Capita Income Real Wealth Inflationary Wealth Materialism Working Conditions Social Effects Reaction of Workers Consumer and Producer Rights Protection of Business Interests Protection of Workers Public Health Continental Countries