Economics – 3/22/17

I.  Bellwork

1. Explain crowding – out and provide an example.
2. Which do you believe would have a larger impact combating  a recession:  increasing government  spending or lowering taxes?  Explain
3. Which do you believe would have a larger impact towards lowering inflation:  decreasing  government  spending or increasing  taxes?  Explain

II.  Objective:

• Examine the importance of entrepreneurs in a market economy as they attempt to obtain capital and financing to support their endeavors.
• Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response.

III.  Chapter 9 & 10 Test Tomorrow

IV.  Classwork: Shark Tank Season 8 Episode 14 –

A. Anyone playing with their phone or being disruptive will receive a zero

1.   Write down the questions below. Answer the questions for each entrepreneur (4) and turn them in today.
   1. What is the product/service or idea?
   2. What is the entrepreneur asking for and what are they willing to give up?
   3. What decision was made?
   4. Explain your opinion on the product and deal that was or wasn’t made.1-2 sentences

Economics W2017