Economics – 9/27/18

I.  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 the two qualities a public good must have.
3. Explain why private property rights are important.

II. Objectives:

• Determine the situations in which eminent domain can be applied and analyze the role of government in an economy in relation to individual economic freedom
• Identify and discuss the key components of Free Enterprise Capitalism utilizing a thinking map
• Analyze and discuss government’s role in the economy in relationship to the economic goals of society

III. Chapter 2 – Test on Monday 10/01/18

IV.  Notebook Work & Discussion:

A. Page 49 Copy Figure 2.3 – Characteristics of Free Enterprise Capitalism

V.  Video: Size and Growth of Government

  VI.  Classwork

• Page 48 Vocabulary (11)
• Page 53 2-5 Questions & Answers

Economics F2018