Economics – 10/01/10

I. Bellwork:

Page 58-59 Q&A

  1. What does the term IP refer to?
  2. What three countries have the highest piracy rates?
  3. What three counties have the lowest piracy rates?
  4. What economic policy allowed IP piracy to grow in China?
  5. Explain the relationship between piracy and developing countries?

II.  Objective:

  • Examine problems occurring with capitalism, the free market economy, democracy, and the role of government.

III.  Video: Capitalism : A Love Story

Discuss the problems occurring within our capitalistic society.

IV.  Classwork

Provide a detailed example of a problem identified in the film with each of the major economic and social goals listed below:

  • Economic Freedom

  • Economic Equity

  • Economic Security

  • Price Stability

  • Full Employment

  • Economic Growth


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