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Economics: January 23 Warm-up Using Ch. 2, Lesson 2, Day 1 (HO from yesterday), complete Social Security Act of 1935 text rendering exercise. Then, on your warm-up notebook paper, answer the two questions relating to the reading. Learning Target #1 In order to understand the concept of mixed economies, I will be able to compare and contrast the elements of pure and mixed economies. I will know I have it when I can explain the mixture of economic systems in several different countries. Chapter 2, Lesson 2 (Day 2): Mixed Economies (HO) --socialism—compared/contrasted with communism and capitalism; private vs. public sector; decision-makers; characteristics of socialism and communism practice --quick write: communism, socialism, or capitalism? Why? Learning Target #2 In order to understand the purpose of economic transition, I will analyze why several countries have chosen to incorporate more capitalism into their economies. I will know I have it when I can explain: (1) the initial and longer term impact of transition on several countries; and (2) how their transitions impact U.S. markets. Chapter 2, Lesson 3: The Global Transition to Capitalism --The Chinese Economy Assignment Read Ch. 2, Lesson 3
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