Economics – 11/18/19

I.  Bellwork  Q&A

If a new bridge to Canada is built:

  • Provide and explain an example of a negative externality. (Be specific)
  • Provide and explain an example of a positive externality. (Be specific)

II.  Objective

  • Identify the purpose of legislation which constrains the functions of  business structures.
  • Examine and explain the role of the government  and legislation in correcting market failures.
  • Determine central ideas of a text and analyze their development over the course of the text, including how they interact and build on one another to provide a complex analysis;

 III.  Notebook Work/Discussion (ALL OF THESE ARE ON THE NEXT QUIZ)

  • 186 – Copy Figure 7.3  
  • 191 – Copy Roles of Government-Map & (Discuss each role)
  • 187  Federal Government Regulatory Agencies and their responsibilities.
  • https://www.cpsc.gov/

IV.  Video & Discussion

V.  Classwork

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