In this fun and interactive lesson, your students will learn about the features of the traditional, command, market and mixed economy. They will also learn about the advantages and disadvantages of each type of economy and get to know which type of economy is used by which community or country. Through video activities and engaging worksheets, your students will learn about economic systems in a fun and age-appropriate manner.
What’s included
- A well-crafted lesson plan consisting of lesson objectives, an introduction, guided practices and independent practices
- A video that can be used to teach or consolidate the lesson. (hosted on YouTube)
- Four different printable worksheets
- Listing the characteristics of each system
- Making a table to compare the advantages and disadvantages of each system
- Reading different scenarios and identifying the type of economic system
each country belongs to
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6th Grade Economics Unit Social Studies Lessons, Videos, Activities & Worksheets
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5th Grade Economics Unit Social Studies Lessons, Videos, Activities & Worksheets
Empower Your Students with Real-World Financial Literacy! Make economics engaging, practical, and easy to teach with this comprehensive 5th Grade Economics Lesson Bundle. This ready-to-use teaching package includes lesson plans, Google Slides, printable worksheets, and videos that cover advanced topics like international trade, economic systems, unemployment, and personal finance — all aligned with 5th grade social studies and financial literacy standards. Whether you’re introducing students to how global economies work or teaching them to make smart financial decisions, this bundle gives you everything you need to save time while creating meaningful classroom discussions. What’s Inside the Bundle Economics of Consumption (Media Literacy) Teaching slides and quizzes Topics: advertising channels, marketing elements and promotions Activities: analyse 5 advertisments, create a marketing plan Economic Systems Complete lesson plan with objectives, guided and independent practice Video lesson: YouTube link included 4 worksheets: identify, compare and analyse the command, market, traditional and mixed systems Unemployment Strctured lesson plan & instructional video Deck of practice slides 3 printable worksheets: Identify types of unemployment Illustrate causes and effects through a storyboard Calculate unemployment rate using given data Checking and Savings Accounts Google slides explaining features, pros and cons Multiple choice assessment questions 3 worksheets: Compare financial institutions Practice opening accounts Write and record checks Credit and Debit Cards Google slides comparing credit vs debit cards Quiz and 3 printable worksheets: Identify card features Analyse pros, cons and similarities Research and select the most suitable credit card option Skills Covered Understanding gloabl trade and interdependence Differentiating between economic systems Analysing unemployment and economic stability Building personal finance and money management skills Applying critical thinking to financial decision making Recognising responsible consumer behaviour Perfect For 5th Grade Social Studies or Economics Units Financial literacy lessons Classroom or homeschool instruction Small group projects or independent study Substitute teacher plans Why Teachers Love This Resource Aligned with 5th Grade Social Studies and Financial Literacy Standards No-prep, ready-to-use slides, videos, and worksheets Integrates real-world economics with hands-on learning Saves hours of lesson prep — just print, project, and teach! Builds student understanding through critical thinking, discussion, and application Bring complex economic ideas to life with lessons your students will remember — from understanding global trade and unemployment to learning about checking accounts and credit cards they’ll use one day. Download the 5th Grade Economics Lesson Bundle today and make financial literacy engaging, relevant, and easy to teach!
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