2. Students will be able to :
Review all the rules and regulations of the school
Understand the content of SSE books
Review the World History content of the previous Year
3. Schools Rules and regulations
Students are expected to…..
1.Follow directions the first time they are given
2.Treat others with respect
3.Not leaving the classroom without permission
4.Walk in the classroom and halls at all times
5.Keep hands and feet to self
Positive Consequences Negative Consequences
Positive notes sent home Teacher informs the School Counselor
Teacher calls parents/ reports to School admins
An incident of indiscipline is dealt with in the following way
1 Stage - A verbal warning is given with due respect to the student and
the incident is registered.
2 Stage - A written note of warning is issued with the sign of HOD.
3 Stage - Mail Communication is sent to the School Counselor and parent
4 Stage - Meeting is scheduled with School Admins.
You are always valued and appreciated for your respectful behavior.
We get respect when we give respect. Thank you for being disciplined.
12. Economic Definition
ECONOMICS IS THE SOCIAL SCIENCE THAT STUDIES HOW
PEOPLE INTERACT WITH VALUE; IN PARTICULAR, THE
PRODUCTION, DISTRIBUTION, AND CONSUMPTION OF GOODS
ECONOMICS FOCUSES ON THE BEHAVIOR AND INTERACTIONS
OF ECONOMIC AGENTS AND HOW ECONOMIES WORK.
27. Answer the following questions:
◦What are Goods?
◦What are Services?
◦What are Resources?
◦What is Scarcity?
28. Students will be able to “
Identify the economic system
Compare between capitalism and communism
Identify the strongest economic system in out
29. What are the economic systems in the
There are four types of economies:
Pure Market Economy.
Pure Command Economy.
30. Pure Market Economy
In a free market economy, the law of supply
and demand, rather than a central
government, regulates production and labor.
... A purely capitalist economy is a free
market economy; the profit motive drives all
commerce and forces businesses to operate
as efficiently as possible to avoid losing
market share to competitors.
31. Pure Command Economy
A pure command economy is a system where
the government, rather than the free market,
determines what goods should be produced,
how much should be produced and the price
at which the goods are offered for sale.
32. Traditional Economy
Traditional economy means an economy
where customs, traditions and believes
prescribe the principles of economic
organization for production of goods and
services; in other words, traditional economy
is built up around traditions, according to
which a particular society lives.
33. Mixed Economy
A mixed economy is variously defined as an
economic system blending elements of a
market economy with elements of a planned
economy, markets with state interventionism,
or private enterprise with public enterprise
34. Which country has strongest economy?
Name the country
Why it’s the strongest
What is the evidence?
41. Karl Marx
Marx's most popular theory was 'historical
materialism', arguing that history is the result of
material conditions, rather than ideas.
He believed that religion, morality, social
structures and other things are all rooted in
economics. In his later life he was more tolerant
Karl Heinrich Marx was a German philosopher,
economist, historian, sociologist, political
theorist, journalist and socialist revolutionary.
Born in Trier, Germany, Marx studied law and
philosophy at university.
He married Jenny von Westphalen in 1843.