Economics – 2/17/11
I. Bellwork Q&A:
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How do laws against false advertising promote economic equity?
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How does an increase in the minimum wage involve trade-offs? Explain
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What can Americans do to influence the economic goals of the country?
II. Objectives:
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Identify the characteristics of a free enterprise economy and the roles of entrepreneurs, government, and consumers.
III. Classwork
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Page 43 Vocabulary 4
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Page 48 Vocabulary 11
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List the 5 major characteristics of a free enterprise economy and provide an example of each.
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List the 4 roles that government plays in the economy and provide an example of each.
IV. Notebook work:
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Provide examples for each economic goal on the yesterday’s diagram
V. iLearn Quiz Sections 2-1 & 2-2-Starts today & Ends Saturday
A. Chapter 2 Test on Wednesday
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