Lesson 10: Four Sectors of U.S. Economy

Introduction

Important Icon Our economy works together in order to make our society function.

Today, we will learn about four very important sectors (sections) of our economy. Important Icon

Focus Question:

How do the four sectors of the economy work together?

U.S. Economy

An economy is a system for allocating resources to meet people's needs and wants. It determines how goods and services are made and exchanged. The study of the economy is called economics.

The United States economy is sectioned into four different areas, or sectors. These four sectors work together so seamlessly and function as one.

  In your journal:  Print the notes page and complete it as you go through the slides. If you do not have access to a printer, another option is to draw/write your notes page in your social studies journal.

Four Sectors Notes Download Four Sectors Notes

View the slideshow below to learn more about the four sectors of the U.S. Economy.

Assignment

For this activity, you will create a discussion post in Canvas. Based on what you have learned in this lesson, please explain what the four sectors are and how these four sectors work together to keep  our economy functioning.

Go to the next page to complete the Economy Discussion Post assignment

In our next lesson, we will take a closer look at these four sectors and the U.S. economy.