3/21/14 “u.s. economic system”

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3/21/14 “U.S. economic system” 1.Is the United States’ economic system pure capitalism , pure socialism , or some combination of both? 2.Give some examples to back up your answer. (Use your worksheets from Rock, Paper, Scissors game to help you.) On desk: MWH 436 – 439 w/ directed notes Honors: Animal Farm reading guide, ch. 4 –

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3/21/14 “U.S. economic system” Is the United States’ economic system pure capitalism , pure socialism , or some combination of both? Give some examples to back up your answer. (Use your worksheets from Rock, Paper, Scissors game to help you.) On desk: MWH 436 – 439 w/ directed notes - PowerPoint PPT Presentation

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Page 1: 3/21/14 “U.S. economic system”

3/21/14

“U.S. economic system”

1.Is the United States’ economic system pure capitalism, pure socialism, or some combination of both?

2.Give some examples to back up your answer.

(Use your worksheets from Rock, Paper, Scissors game to help you.)

On desk: MWH 436 – 439 w/ directed notesHonors: Animal Farm reading guide, ch. 4 – 7

Page 2: 3/21/14 “U.S. economic system”

U.S. = capitalism?

•Private ownership of industries & companies

•No government regulations (rules)

•Freedom of competition for profit

•Results in unequal economic classes (rich & poor; winners & losers)

U.S. = socialism?

•Government owns and runs industries & companies

•“Profits”/taxes go to the govt.

•Resources would be distributed equally by the govt.

•Goal is economic equality & a classless society

Page 3: 3/21/14 “U.S. economic system”

3/21/14

World History Agenda

1.Pass journals to the front.

2.Debrief “The Bolshevik Revolution” reading (group presentations)

HW: None! -- Be ready to present on Monday.

Page 4: 3/21/14 “U.S. economic system”

The Bolshevik Revolution & Stalin Becomes Dictator

•Group One: # 1 – 5 Leslie, Brandon, Jocelynn, Star•Group Two: # 6 – 9 Diamond, Edwin, Kevin, Michelle•Group Three: # 10 – 12 Celia, Brianna, Caitlinn, Elizabeth•Group Four: # 13 Ana, Luis, Daijah, Tracy•Group Five: # 14 – 17 Jaasiel, Andrea, Jahayra, Raf

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Group Roles1.Set up slides w/ questions & pictures. (1 - 2)2.Find info. & answer questions. (2)3.Type answers on slides. (1 - 2)4.Proof-reader! (1)5.Presenters. (all)

Page 5: 3/21/14 “U.S. economic system”

The Bolshevik Revolution & Stalin Becomes Dictator

•Group One: # 1 – 5 Lizzie, Charlie, Heidy, Chris•Group Two: # 6 – 9 Igor, Manuel, Tatiana, Keiry•Group Three: # 10 – 12 Roscarli, Saeddien, Justice, Lucy•Group Four: # 13 Hugo M., Jayla, Kiara, Cesar•Group Five: # 14 – 17 Hugo P., Destiny, Wendy, Emily

=======================================================

Group Roles1.Set up slides w/ questions & pictures. (1 - 2)2.Find info. & answer questions. (2)3.Type answers on slides. (1 - 2)4.Proof-reader! (1)5.Presenters. (all)

Page 6: 3/21/14 “U.S. economic system”

pure CAPITALISM:

•Private ownership of industries & companies

•No government regulations (rules)

•Freedom of competition for profit

•Results in unequal economic classes (rich & poor; winners & losers)

Page 7: 3/21/14 “U.S. economic system”

pure SOCIALISM:• Government owns and runs industries & companies• “Profits”/taxes go to the govt. • Resources would be distributed equally by the govt.• Goal is economic equality & a classless society

Page 8: 3/21/14 “U.S. economic system”

(“little c” communism)

“Big C” Communism =dictatorships of China,Russia, North Korea, etc.

communism:•Classless/equal society is achieved•No government needed to enforce rules