What is inflation in simple terms?

Inflation is a general rise in prices over time, so each dollar buys a little less than it did before. The page explains that prices can rise when people want more goods than businesses can make, or when it costs more to make and ship goods.

How do you calculate percent increase?

Subtract the starting price from the ending price, divide that difference by the starting price, then multiply by 100. The example on the sheet is a snack that rises from $2.00 to $2.50, which is a 25% increase.

6th Grade Economic Systems and Inflation Worksheets

Ages 11-12 · Free previews · Print-ready PDFs

Written by Adi Ackerman, Head Teacher

An economic system is the way a society decides what to make, how to make it and who gets it. These economic systems and inflation worksheets hold 2 6th grade sheets, each with an answer key. Market, Command and Traditional Economies pairs a reading on four kinds of economies with a comparison chart and 4 statements to name. Inflation and Prices explains why prices climb, then has students graph sample movie ticket and milk prices made up for practice and calculate percent increase.

6th Grade Social Studies Economics and Money Economic systems and inflation Clear All

Inflation and Prices

Grade6th Grade

TopicEconomics and Money

Market, Command and Traditional Economies

Grade6th Grade

TopicEconomics and Money

More economics and money worksheets

Explore all of our 6th grade economics and money worksheets, covering needs, wants and choices, supply and demand, goods, services and trade, personal finance, and more.

Needs, wants and choices Supply and demand Goods, services and trade Personal finance Business and taxes

Frequently Asked Questions

The reading describes traditional, command, market and mixed economies. Custom answers the economic questions in a traditional economy, the government answers them in a command economy, and individuals and businesses answer them in a market economy. A mixed economy combines these systems.

What is ClassWeekly?

ClassWeekly offers free worksheets and printable learning resources for kids, from preschool up. All worksheets are aligned to Common Core, NGSS, and C3 Framework standards and designed by educators. Become a member to access the full library and download unlimited PDFs.