Economic Decision Making

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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
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