Economics – 5/02/14
I. Bellwork: Q&A
- Page 242 Economic Analysis
- Page 244 Economic Analysis
II. Objective:
- Distinguish between the ways in which local, state, and federal governments generate revenue.
- Determine the meaning of words and phrases as they are used in a text
III. Discussion & Notebook Work:
- State & Local Revenue Sources p 242
- Page 255 Visual Summaries
IV. Classwork
- Page 238 Content Vocabulary 15
- Page 245 # 2, 3, 7 Q&A
- Pages 251-253
- Describe Flat Tax and list its advantages (3) and disadvantages (3)
- Describe Value Added Tax and list its advantages (4) and disadvantages (1)
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