Economics – 11/19/18

I.  Bellwork  Q&A

If a new bridge to Canada is built:

• Provide and explain an example of a negative externality. (Be specific)
• Provide and explain an example of a positive externality. (Be specific)

II.  Objective

• Identify the purpose of legislation which constrains the functions of  business structures.
• Examine and explain the role of the government  and legislation in correcting market failures.
• Determine central ideas of a text and analyze their development over the course of the text, including how they interact and build on one another to provide a complex analysis;

 III.  Notebook Work/Discussion (ALL OF THESE ARE ON THE NEXT QUIZ)

• 186 – Copy Figure 7.3  
• 191 – Copy Roles of Government-Map & (Discuss each role)
• 187  Federal Government Regulatory Agencies and their responsibilities.
• https://www.cpsc.gov/

IV.  Video & Discussion

• AntiTrust
• OSHA Poster & https://www.osha.gov/

V.  Classwork

• Guided Reading 7-3

Economics F2018