Economics – 4/15/11
I. Bellwork: Q&A
A. Page 239 Economic Analysis
B. Page 242 Economic Analysis
C. Page 244 Economic Analysis
II. Objective:
- Analyze the ways in which local, state, and federal governments generate revenue.
III. Video – How the Government Spends, Collects, & Owes
IV. Classwork: Q&A
- Page 245 #2, #3 & #7
- Pages 251-253
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- Describe Flat tax and list its advantages (3) and disadvantages (3)
- Describe Value Added tax list its advantages (4) and disadvantages (1)
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- Page 256 17-23 Q&A
V. iLearn Quiz – Chapter 9-1 & 9-2 Quiz online
What to know:
- Vocabulary words for 9-1 & 9-2
- Guided Reading 9-1 & Section Notes
- Incidence of a tax & Figure 9.1 p. 231
- Types of taxes pg 235
- Federal Revenue Sources-Pie Chart
- State & Local Main Revenue Sources p 242
- Page 255 Visual Summaries
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