Lesson Plan

• Define the mixed economic system and list its key characteristics.
• Compare mixed economies with pure market and command economies.
• Analyze the advantages and disadvantages of mixed systems.
• Explain how government intervention and market forces interact in a mixed economy.
• Evaluate real‑world examples of mixed economies and their policy choices.

• Projector or interactive whiteboard
• Slide deck with definition, comparison table, and diagram
• Handout summarizing characteristics and pros/cons
• Whiteboard and markers
• Exit‑ticket cards or digital quiz platform

Start with a quick poll: Which economic system do you think your country follows?

Recall students’ prior knowledge of market and command economies, then announce that today they will explore the mixed economic system.

Students will be able to identify its definition, key features, and how it balances efficiency and equity.

1. Do‑now (5'): Students list characteristics of market and command economies on sticky notes.
2. Mini‑lecture (10'): Present definition and key characteristics using slides and the comparison table.
3. Guided analysis (12'): In pairs, fill a Venn diagram comparing mixed, market, and command economies; teacher circulates.
4. Case‑study discussion (10'): Examine a real‑world example (e.g., Sweden) and discuss government interventions.
5. Advantage/Disadvantage debate (8'): Groups argue for or against mixed economies; teacher records points.
6. Check for understanding (5'): Quick quiz (Kahoot or exit ticket) with three questions on definition and features.
7. Wrap‑up (5'): Summarize main ideas and preview the next lesson on fiscal policy.

Recap that a mixed economy blends market mechanisms with government oversight to achieve both efficiency and equity.

Students complete an exit ticket stating one benefit and one challenge of mixed systems.

For homework, they research how their own country balances market and state roles and prepare a short summary.