Capitalism Lesson Plan

Instructor: Christopher Sailus

Chris has an M.A. in history and taught university and high school history.

This lesson plan uses an informative video lesson, discussion questions and a hands-on, interactive marketing activity to introduce your students to the concept of capitalism.

Learning Objectives

After this lesson, students will be able to:

  • Explain the basic tenets of capitalism
  • Summarize the benefits of operating as an employee or as a business owner in a capitalist system
  • Recognize capitalism and capitalist practices in the world around them

Length

60 - 90 minutes

Materials

  • several pieces of poster board and permanent markers
  • fake currency

Key Vocabulary

  • Capitalism

Curriculum Standards

CCSS.ELA-LITERACY.SL.11-12.1

Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grades 11-12 topics, texts, and issues, building on others' ideas and expressing their own clearly and persuasively.

CCSS.ELA-LITERACY.WHST.9-10.4

Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose, and audience.

Instructions

  • Begin the lesson by showing the What is Capitalism? - Definition & Examples video to the class
  • Hold a short class discussion (5-10 minutes) to ensure your students understand capitalism. Some example discussion questions include:
    • Who owns the means of production in capitalism?
    • Who gets to keep the profits from a sale in a capitalist system?
    • How do workers exercise choice in capitalism?
    • How does taxation fit into capitalism?

To unlock this lesson you must be a Study.com Member.
Create your account

Register to view this lesson

Are you a student or a teacher?

Unlock Your Education

See for yourself why 30 million people use Study.com

Become a Study.com member and start learning now.
Become a Member  Back
What teachers are saying about Study.com
Try it risk-free for 30 days

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it risk-free for 30 days!
Create an account
Support