Economics – 9/28/16
I. Bellwork : John Stuart Mill – The Role of Government
A. Question & Answer
- Find at least 4 words you do not know the meaning of and list them.
- Identify at least two areas of concern where John Stuart Mill promotes government serving a purpose?
- Explain at least one example he uses to support his claim.
- Do you share his view? Explain
II. Objective:
- Analyze and discuss government’s role in the economy in relationship to the economic goals of society.
- 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.Turn in Minimum Wage Paragraphs
IV. Functions of Government in the Economy – Discussion
A. Construct a Tree Map Pgs. 52-53
C. Identify the role government has in each as either: protector, provider, or regulator
- Environmental Protection Agency
- Food and Drug Administration
- Libraries
- Federal Communications Commission
- Consumer Product Safety Commission
- Highways and Roads
- Agricultural subsidies
- Education
- Federal Bureau of Investigation
- Securities and Exchange Commission
- Interstate Commerce Commission
- Supreme Court
D. HOW ECONOMIC FREEDOM LEADS TO PROSPERITY
V, Exit Ticket:
- Copy the first objective and list at least 3 things we learned relating to it
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