Economics – 9/26/14

1. Bellwork

• Eminent Domain and Property Rights  Q&A

1. Identify two restrictions under which the government must operate when exercising eminent domain authority.
2. Explain why the U.S. Supreme Court’s statement in the Kelo case is confusing?
3. Explain the two qualities a public good must have?
4. Why are private property rights important?
5. What do you believe is the author’s intent/message?

II.  Objectives:

• Analyze and discuss the role of government in an economy.
• 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.  Do not forget to take the Quiz tonight on iLearn

IV.  Notebook Work:

• Page 49 Copy Figure 2.3 – Characteristics of Free Enterprise Capitalism
• Functions of Government in the Economy – Construct a Tree Map Pgs. 52-53
• Size and Growth of Government

V.  Classwork

• Page 48 Vocabulary (11)
• Page 53 2-5 Q&A

Economics F2014