Module 1: Economic systems in Canada and the United States
Section 1: Market and Mixed Economies
Section 1: Market and Mixed Economies
In This Section
In this unit there are five lessons that prepare you to respond to the Unit 1 inquiry question: How do the Canadian and the United States economic systems work?
In the lessons you will have opportunities to explore the economic decision making in Canada and the United States.
Lesson Synopses
Lesson 1: Scarcity
Lesson 1 introduces you to the concept of scarcity by responding to this question: What does scarcity mean to me, and how do the economic systems of Canada and the United States differ in answering the basic question of scarcity?
Lesson 2: Market and Mixed Economies
The lesson introduces you to the terms market economy and mixed economy through this inquiry question: How do a market economy and a mixed economy affect quality of life?
Lesson 3: Government Involvement in the Economy
The lesson introduces you to government intervention in the economy through an examination of this inquiry question: How do my government and the government of the United States get involved in the economies?
Lesson 4: The Impact of Labour Unions
The lesson introduces you to labour unions by responding to these questions: How has the emergence of labour unions impacted my quality of life and identity as a Canadian? How do labour unions impact market and mixed economies?
Lesson 5: My Role as a Consumer
The lesson introduces you to the role of a consumer by responding to these questions: What is my role as a consumer in market and mixed economies? How does my role as a consumer reflect my individual and collective identity?
In the lessons you will have opportunities to explore the economic decision making in Canada and the United States.
Lesson Synopses
Lesson 1: Scarcity
Lesson 1 introduces you to the concept of scarcity by responding to this question: What does scarcity mean to me, and how do the economic systems of Canada and the United States differ in answering the basic question of scarcity?
Lesson 2: Market and Mixed Economies
The lesson introduces you to the terms market economy and mixed economy through this inquiry question: How do a market economy and a mixed economy affect quality of life?
Lesson 3: Government Involvement in the Economy
The lesson introduces you to government intervention in the economy through an examination of this inquiry question: How do my government and the government of the United States get involved in the economies?
Lesson 4: The Impact of Labour Unions
The lesson introduces you to labour unions by responding to these questions: How has the emergence of labour unions impacted my quality of life and identity as a Canadian? How do labour unions impact market and mixed economies?
Lesson 5: My Role as a Consumer
The lesson introduces you to the role of a consumer by responding to these questions: What is my role as a consumer in market and mixed economies? How does my role as a consumer reflect my individual and collective identity?