Lesson
Free Enterprise and Prosperity
Guiding question
Why are some countries rich and others not?
The overall wealth of the United States has been achieved because of the free enterprise system. The U.S. has a limited government, and that feature extends to economic choices; most decisions about what, how, and for whom to produce are left to market forces rather than government dictates.
Founding Principles
Objectives
- Students will identify the claims of economists and political scientists that there is a clear connection between economic and political freedoms and national affluence.
- Students will defend or refute their argument, using evidence from the exercise.
Materials
Educator Resources
Student Handouts & Materials
Lesson Components
ActivityHandout A: Comparative Data
ActivityHandout B: Summative Questions
EssayEssay: Free Enterprise and Prosperity
The overall wealth of the United States has been achieved because of the free enterprise system. The U.S. has a limited government, and that feature extends to economic choices; most decisions about what, how, and for whom to produce are left to market forces rather than government dictates.
Lesson plan
75 minClick a phase to open it
Key Terms
- justice
- rule of law
- limited government
- Republic
- property
Standards
Related materials
EssayEssay: Free Enterprise and Prosperity
The overall wealth of the United States has been achieved because of the free enterprise system. The U.S. has a limited government, and that feature extends to economic choices; most decisions about what, how, and for whom to produce are left to market forces rather than government dictates.