Monday, November 16, 2015

2:3 - Centrally Planned Economies

Chapter 2 Section 3: Centrally Planned Economies

News Story: Cuba Economic Reforms Felt at the Dinner Table

Assignment:
  • What are the characteristics of a centrally planned economy? (p.35): Chart
  • Checkpoint (p.36): What beliefs did Karl Marx hold about capitalism?
  • Checkpoint (p.37): What changes led to economic growth in China?
  • Checkpoint (p.38): Why do centrally planned economies tend not to be efficient?
  • Section 3 Assessment (p.38): #1 - 10

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