Lesson 1 - How Do Constitutions Shape Economic Systems? |
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In the first part of the lesson, the students examine the characteristics of a market economy and the economic provisions of the U.S. Constitution. Then they complete a grid which shows how the U.S Constitution establishes and supports those characteristics. In the second part of the lesson, the students consider a question: Why would North Korea and South Korea - two nations with much in common - experience very different economic outcomes? To answer this question, the students read excerpts from the constitutions of North Korea and South Korea and examine the differences between them. Please review this lesson and share it with your colleagues! Supplemental ResourcesGlossary of Terms and ConceptsThese are some of the important terms you'll cover in this lesson. Book Materials
Standards in EconomicsView this lesson's State Standards in Economics |