AP Economics – 1/09/19

I.  Bellwork

.  Page 768 MC 1-5

II.  Objectives:

  • Define poverty and describe its causes and consequences
  • Explain how income inequality in America has changed over time
  • Discuss how Social Security and similar programs affect poverty and income inequality

III.  Discussion Income Inequality & Income Distribution P.770-781

A.  The Problem of Poverty

  1. Trends in Poverty
  2. Who Are the Poor?
  3. What Causes Poverty?
  4. Consequences of Poverty

B.  Economic Inequality

C.   Economic Insecurity

D.  U.S. Antipoverty Programs

  1. Means-Tested Programs
  2. Social Security and Unemployment Insurance
  3. The Effects of Programs on Poverty and Inequality

E.  The Debate over Income Redistribution

  1. Problems with Income Redistribution
  2. The Politics of Income Redistribution

IV.  Classwork

  • 78.1 WS
  • 78.2 WS

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