Economics – 5/14/13

I. Bellwork:

Which of the following would be included and excluded from the GDP of the United States?

  1. Baking a cake for your mother
  2. Clothes bought at a resale shop
  3. Limousine service for prom
  4. Money from illegal gambling
  5. Washing your dishes
  6. A car made in Detroit and sold in Canada
  7. A processor for a new computer

II. Objective:

  • Examine factors that contribute to income inequality and programs that have been implemented to reduce poverty.

III. Discussion – Poverty & Income Disparity

IV. Think about your Economics Poster Board Project due 5/23

V. Chapter 9 & 10 Retake: Today after school 2:35 in A205

  • Bring a paragraph per section (5).

VI. Section 12-1 Test – Ends tomorrow @ 3:30 pm

VII. Classwork

A. Turn in Poster Board Proposal

B.  P. 337 Vocabulary (12)

C. Page 345 Review 2-7 Q&A


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