Describe the types of economic systems in early world societies
- Economics
Students will evaluate decision making of individuals, businesses, governments, and societies to allocate resources; consider the cost benefits and the interaction of buyers and sellers in a global market; and develop economic reasoning to understand the historical development and current status of economic principles, institutions, and processes needed to be effective citizens, consumers, and workers participating in local communities, the nation, and the world.
Economic Systems and the Role of Government in the Economy