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Economic Systems

Students are hearing a lot about “the economy.”  Abdo Publishers has a series called Economy in Action.  This book helps students and guides teachers in an introductory understanding of economic systems.  In each two page spread, questions such as, “What is an economy?”, “How does an economy work?”, or “What are the three main types of economies?” are explained.  Grasping the concepts means understanding the specific economic vocabulary (capital, allocate), which is covered in an ample Glossary.  Traditional, Free Market, Managed, and Mixed Economies are all discussed.  The author acknowledges that probably no economy would work best for all societies given the diverse resources, cultures and priorities.  A couple of interesting Economic Exercises are included at the end, as well as Websites and Index.  For a book attempting to represent a global discussion, the choice of having two pages of photographs with females wearing hijabs was notable.  The first prominent photo was welcomed in a book with a multicultural subject.  The second prominent photo left me wondering…why?