Economics – 10/04/10

I. Bellwork:

Do you believe the government should take over and socialize certain industries?  Explain why or why not?  Provide examples and examine what the related costs of your decision may be. (1 paragraph)

II.  Objective:

  • Examine problems occurring with capitalism, the free market economy, democracy, and the role of government.

III.  Video: Capitalism : A Love Story

Discuss the problems occurring within our capitalistic society.

IV.  Classwork

Provide a detailed example of a problem identified in the film with each of the major economic and social goals listed below:

  • Economic Freedom

  • Economic Equity

  • Economic Security

  • Price Stability

  • Full Employment

  • Economic Growth


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