Economics – 3/02/15

I.  Bellwork : Complete – 4 Square

• John Stuart Mill – The Role of Government
• Four Square

II.  Objective:

• Analyze government’s role in the economy in relationship to the economic goals of society.
• Determine the central ideas or information of a primary or secondary source; provide an accurate summary that makes clear the relationships among the key details and ideas.

III. Notebook Check:  Leave your notebook at the end of the hour

IV.  Discussion

A.  Running the Country

B.  Identify the role government has in each as either:  protector, provider, or regulator

1. Environmental Protection Agency
2. Food and Drug Administration
3. Libraries
4. Federal Communications Commission
5. Consumer Product Safety Commission
6. Highways and Roads
7. Agricultural subsidies
8. Education
9. Federal Bureau of Investigation
10. Securities and Exchange Commission
11. Interstate Commerce Commission
12. Supreme Court

C.  HOW ECONOMIC FREEDOM LEADS TO PROSPERITY

D.  The Constitution Personal & Economic Freedoms

• Article 1 Section 8 (8)
• Article 1 Section 10 (1)
• Fifth Amendment
• FDR Second Bill of Rights Speech Footage

V.  Classwork/Group Work:

• Develop an Economic Bill of Rights- with at least 4 and an explanation of why each is needed

Economics W2015