Thursday January 30, 2014/ February 3, 2014 (3rd)

Prompt: What is an autocracy? What is an oligarchy? What is a democracy? Give an example of each.
             ----This is the last prompt, journals are due next time.
Current Event: No Current Event, put a smiley face here!

Agenda
Donut?
Economics Lesson and PPT
Bead Simulation
Work on Island Projects

Learning Targets

o   I can name, define, and explain supply and demand, cost, and price interact with one another.

o   I can name, define, and explain the similarities between a traditional market, a free market, a command economy, and a mixed economy.

o   I can define and identify the differences between capitalism, communism, and socialism.

o   I can name, define, and explain pre-modern, modern, and post-modern economies.

HW: ISLAND PROJECT STEPS 1-7!!