Management – 1/12/18
I. Bellwork:
Summarize the article and provide your opinion
https://komonews.com/news/local/new-soda-tax-in-seattle-takes-effect-january-1
II. Objectives:
- Review the concepts and issues related to government regulation and taxations
- Apply terminology and concepts related to regulation and taxation when addressing various questions
III. Classwork:
A. Page 297 Q&A 20-24
B. Page 298 Q&A 1-6
C. Other Questions
- Provide two examples of a progressive tax
- Provide two examples of a regressive tax
- Provide two examples of a proportional tax
- Why is government regulation needed regarding monopolies?
- Are there any monopolies that are acceptable? Explain
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