Important Instructions

* Please number and write out ALL questions and answers in complete sentences.

* Leave a space between your question and answer.

* Leave a space between each question.

* Please attempt to be as neat as possible.

* Cut and paste all work into e-mail. NO ATTACHMENTS!

* Send the entire week's work in ONE e-mail.

Week #3

Economic Systems

and Decision Making

There are basically three types of economic systems in the world which will be the focus of this week's/today's lesson. We'll also examine the common social and economic goals most Americans share as well as the main characteristics of the free enterprise system.

Complete Study Guide for Ch. 2 (worth 34 points )

1. Read Chapter 2 Section 1 "Economic Systems" (pp. 33-39) and answer Section 1 Review questions 1-5 on page 39 (worth 12 points). Title your responses to this activity "Chapter 2 Section 1."

2. Read Chapter 2 Section 2 "Evaluating Economic Performance" (pp. 41-44) and answer Section 2 Review questions 1-4 on page 44 (worth 9 points). Title your responses to this activity "Chapter 2 Section 2."

3. Read Chapter 2, Section 3 "Capitalism and Economic Freedom" (pp. 46-51) and answer Section 3 Review questions 1-5 on page 51 (worth 16 points). Title your responses to this activity "Chapter 2 Section 3."

Once you have completed all of this work for this week ( worth 71 points ), copy and paste your answers into ONE E-MAIL titled "Assignment 2 Homework." Be sure to include your full name at the top of your e-mail and send it to haskellgs@yahoo.com by 3 PM Friday.

Keep in mind that questions for the midterm and final exams will be pulled from these quiz questions as well as questions from the section reviews. It might be a good idea to keep all your printouts to use as a study guide for these exams.