Economics – 9/28/11
I. Bellwork: Q&A
- Reading Check Page 50, 51, & 52
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
- Impact of Inflation
- Minimum wage & Trade offs
- Characteristics of Free Enterprise Capitalism (Fig 2.3)
- Roles of Government & Many examples of each
IV. Classwork
- Page 56 Q&A 17-27
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