HGov: Andersonville Economy


Andersonville
All society must develop an economic system to answer the basic economic questions. While we usually identify economic systems with a country (the United States has a market oriented system; the former Soviet Union had a command system), it is also possible to identify an economic system at a micro level. Students will examine how a group of civil war prisoners developed an economic system within their camp, a system designed to allocate scarce resources.

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Econ: Andersonville Economy Day 2


Learning Target: Compare and contrast the allocation of goods and services in a market economy and a command economy.



We read “Andersonville, What Really Happened.”  We read it, underlining those aspects of the Andersonville economy that reflect a command approach and circling those aspects that reflect a market approach. Finally we shared our ideas on the question: “Is it appropriate to label the Andersonville system as a market economy?” We learned that this economic system, like many economic systems, was a mixture of market and command economic systems.

Arrows-02-june

Econ: Andersonville Economy – Day 1


Learning Target: Compare and contrast the allocation of goods and services in a market economy and a command economy.


Andersonville
All society must develop an economic system to answer the basic economic questions. While we usually identify economic systems with a country (the United States has a market oriented system; the former Soviet Union had a command system), it is also possible to identify an economic system at a micro level. Students will examine how a group of civil war prisoners developed an economic system within their camp, a system designed to allocate scarce resources.

Arrows-02-june

Econ: Andersonville Economy


Andersonville
All society must develop an economic system to answer the basic economic questions. While we usually identify economic systems with a country (the United States has a market oriented system; the former Soviet Union had a command system), it is also possible to identify an economic system at a micro level. Students will examine how a group of civil war prisoners developed an economic system within their camp, a system designed to allocate scarce resources.

After our discussion, we read “Andersonville, What Really Happened.”  We read it, underlining those aspects of the Andersonville economy that reflect a command approach and circling those aspects that reflect a market approach. Finally we shared our ideas on the question: “Is it appropriate to label the Andersonville system as a market economy?” We learned that this economic system, like many economic systems, was a mixture of market and command economic systems.

Arrows-02-june

Econ: Andersonville Economy


Andersonville

All society must develop an economic system to answer the basic economic questions. While we usually identify economic systems with a country (the United States has a market oriented system; the former Soviet Union had a command system), it is also possible to identify an economic system at a micro level. Students will examine how a group of civil war prisoners developed an economic system within their camp, a system designed to allocate scarce resources.

After our discussion, we read “Andersonville, What Really Happened.”  We read it, underlining those aspects of the Andersonville economy that reflect a command approach and circling those aspects that reflect a market approach. Finally we shared our ideas on the question: “Is it appropriate to label the Andersonville system as a market economy?” We learned that this economic system, like many economic systems, was a mixture of market and command economic systems.


Homework:
1) Read Chapter 3.5 pp.50-53

Arrows-02-june

Econ: Andersonville Economy

Andersonville     We began with a review of the concepts of a command economy and a market economy. All society must develop an economic system to answer the basic economic questions. While we usually identify economic systems with a country (the United States has a market oriented system; the former Soviet Union had a command system), it is also possible to identify an economic system at a micro level. Students will examine how a group of civil war prisoners developed an economic system within their camp, a system designed to allocate scarce resources. We ended the class with a discussion on how to develop a method for providing the economic needs of the Andersonville prisoners through either a market or command economy. We discovered how different economic systems can solve the same problems differently.

Finally, we read the article “Andersonville, What Really Happened.”  We identified those aspects of the Andersonville economy that reflected a command approach and those aspects that reflected a market approach. Finally we shared our ideas on the question: “Is it appropriate to label the Andersonville system as a market economy?” We learned that this economic system, like many economic systems today, was a mixture of a market and a command economic system.

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