1. Chapters 1-3 Test on Friday, February 2 (warm-ups due on test day)
ECONOMICS: January 26
Warm-up: How does socialism differ from capitalism?
Learning Target
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: Global Transition to Capitalism
--government involvement continuum --cartoon analysis --The Chinese Economy
--standard of living --GDP vs. GDP per capita --calculating and ranking GDP per capita --transition and pollution
--sample transitioning countries and their GDP data
--does the U.S. like transitioning countries to grow economically? Assignment: read Chapter 3, Lessons 1 & 2
Chapters 1-3 Test on Friday, February 2 (warm-ups due on test day)