Standard Unwrapping

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Vocabulary
ethicsfree enterprise system
Skills
  • understand (the importance of ethics in maintaining a functional free enterprise system) #dok2
  • explain (how ethics contribute to the functioning of economic systems) #dok2
  • analyze (the impact of ethical or unethical behavior on a free enterprise system) #dok3
  • evaluate (examples of ethical dilemmas in free enterprise systems) #dok3
Learning Targets
  • I can define ethics and a free enterprise system. #dok1
  • I can understand reasons why ethics are important in economic systems. #dok2
  • I can explain how ethical behavior helps maintain a free enterprise system. #dok2
  • I can analyze examples of how unethical actions can harm a free enterprise system. #dok3
  • I can evaluate situations to determine whether actions support or undermine ethics in a free enterprise system. #dok3
Big Ideas
  • Ethics are essential for the success and stability of a free enterprise system.
  • The benefits of a free enterprise system depend on ethical conduct by individuals, businesses, and government.
Essential Questions
  • Why is ethical behavior important in a free enterprise system?
  • What can happen if ethics are not followed in an economic system?
  • How do ethical and unethical behaviors affect businesses and consumers?
  • What responsibilities do individuals and organizations have to maintain ethics within a free enterprise system?
  • Can a free enterprise system function effectively without ethics? Why or why not?