Bellwork: September 27 th What are the collection of pictures symbolizing? 1. 2. 3.

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Bellwork: September 27 th What are the collection of pictures symbolizing?

On the back of your “Types of Government” paper… Economy = a system that includes all the JOBS. Traditional (Barter) Economy Market Economy Capitalism Free Enterprise Command Economy (Communism)

Traditional Economy Read page 94. Make their own goods Trade (barter) for what they do not produce. Some tribes in remote areas of the world still have a traditional economy. Illustrate a traditional (barter) economy

Market Economy, Capitalism, Free Enterprise Most common in world Private ownership of businesses (citizens own businesses) Business competition! United States has Capitalism Free Enterprise Market Economy Illustrate a market economy

Command Economy (Communism) Government makes all business decisions North Korea Cuba See page 204, Illustrate a command economy

Types of Government and Types of Economies Review Reflect on the Types of Government learned Wednesday. Democracy Monarchy Dictatorship Communism Oligarchy Reflect on the Types of Economies learned today. Traditional (Barter) Market Economy Free Enterprise Capitalism Command Economy (Communism)

Review: In your groups… Create two second long skits. The skit must represent one of the types of government and one type of economy. When you perform, I will tell you to act out your “government skit” or your “economy skit.” All group members must participate. You may speak during the skit, but may not say the name of the government or economy. Keep your group on task, or an alternative assignment will be given.