Economics – 4/30/13
I. Bellwork:
-
Arizona Proposes Medicare Fat Fee – WSJ.com
- Summarize Arizona’s Proposed tax and why they deem it necessary.
- What principle of taxation does this tax involve?
- Based upon the criteria for effective taxes (p232), do you believe the tax will be effective?
II. Objective:
- Analyze the ways in which governments generate revenue on consumption, income and wealth and use that revenue for public services and social welfare.
- Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event
III. Videos:
A. Governmental Spending Video
B. O’Reilly: Stupid Government Spending
C. Congress, Earmarks, and Pork Barrel Spending
IV. Chapter-10PPT-1 – Copy (For Next Test)
V. Classwork
- Page 261 Vocabulary (9)
- Page 265 Q&A #2-6
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