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Georgia standard · Social Studies

`SS7E7`Economic Systems Overview

Analyze different economic systems.

Appears in: Social Studies, Grade 7

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Expectations

SS7E7.a
Compare how traditional, command, and market economies answer the economic questions of 1-what to produce, 2-how to produce, and 3-for whom to produce.
SS7E7.b
Explain that countries have a mixed economic system located on a continuum between pure market and pure command.
SS7E7.c
Compare and contrast the economic systems in China, India, Japan, North Korea, and South Korea.

Georgia Milestones coverage

No Georgia Milestones blueprint cites this standard.