Economics – 2/22/11

I. Bellwork: Q&A

  • Page 54 Examining the Profile 1-2 Q&A

II.  Objectives:

  • Review Chapter 2: Allocation of goods and services and the role of government.

III.  Tomorrow Chapter 2 Test

A.  Understand the following

  • Characteristics of the 3 types of Economies
  • Mixed Economy
  • Economic Goals and Examples
  • Inflation
  • Minimum wage & Trade offs
  • Characteristics of Free Enterprise Capitalism (Fig 2.3)
  • Roles of Government & Many examples of each

B.  Role of Government Project-due tomorrow

  • Email:  farhoua@dearborn.k12.mi.us

IV. Classwork

  • Page 56 1-8 Letter & Term Only
  • Page 56 Q&A 17-27


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