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ECONOMIC SYSTEMS IN THE WORLD ECONOMY


Toronto, Canadian Foundation for Economic Education, c1983.
Distributed by CFFE, 252 Bloor St. W., Toronto, ON, M5S1V6.
28pp, paper, $.30.


Grades 11 and up.
Reviewed by John D. Crawford.

Volume 11 Number 6.
1983 November.


Those familiar with the CFEE series, Issues in the Canadian Economy, will know what to expect from this publication, which, while not in that series, is similar in format. This particular tabloid contains a variety of articles from newspapers and magazines that together provide a broad outline of the more important forms of economic systems in the world today.

Any selection of articles must be somewhat arbitrary, but Judith Jackson's choices cover the topics well. Most, if not all, of the various economies in today's world are mixed, although to paraphrase Orwell, some are more mixed than others. Apart from describing the forms of economic systems in operation, the reader will gain important insights into the diverse manners in which nations consider economic problems. An example of this is to be found in an article on the Israeli economy where triple-digit inflation is managed rather than attacked.

I feel that many of the articles would be difficult for say, a grade 9 social studies class, but ideal for economics classes at the senior secondary level. The introduction sets readers on the road to understanding the important features of the overall topic and the articles themselves. Excellent fare for teachers, who might wish to recommend purchase by their students.


John D. Craw ford, Frank Hobbs E. S., Victoria, BC.
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