Pros and Cons of Capitalism vs Communism 5-E Economics Lesson | Microsoft
This lesson investigates the effects that capitalist & communist economic systems can have on a society. The activities are engaging for students & the guided, 5-E format is easy for you to use! Begin with an “I Spy” photo analysis warm-up contrasting daily life in the USSR & Russia. A “Trashketball” experiment explores the differences between capitalism & communism. Challenge your class to identify various pros & cons of each system by examining modern TV shows. Assess learning with a “Big Ideas” summary & “Exit Ticket” activity. Your purchase has editable, print & interactive, digital versions of the materials. Made for traditional in-class learning or digital 1:1 classrooms. Everything you need is included!
Includes Microsoft Resources: Digital & Print
- Guided 5-E PowerPoint Lesson
- Fill-in Notes
- Exit Ticket Activity
- Answer Keys
- Teacher Reference Guide
5-E Guided Lesson:
- Engage: “I Spy…” Photo Comparison Activity
- Explore: Background Info, Vocabulary & Fill-in Notes
- Explain: "Trashketball" Experiment Activity - Capitalism vs. Communism
- Elaborate: “Find the Pros & Cons on TV” - Types of Economies Activity
- Evaluate: “Big Ideas” Summary & Exit Ticket
Aligned with Social Studies Standards: CCSS, TEKS, ELPS & NCSS
Total Pages: 56
Time: 90 Minutes
Grades: 6-12