I.  Bellwork Q&A What are the two historical events that resulted in government spend increasing substantially? List the two types of government expenditures and provide 2 examples of each II.  Objective: Discuss, identify, and analyze the ways in which federal, state, and local governments spend revenue for public services and social welfare. Determine the central […]

I.  Bellwork Earmarks explosion: Republicans could set record with big spending on pork barrel project What is happening with government earmarks in 2018 compared to 2017? Explain 2 earmarks mentioned in the article. Why are earmarks a problem? Use the internet to define earmark  II.   Objective: Analyze the ways in which governments generate revenue on […]

I.  Bellwork: Q&A   What are the key symbols in the cartoon? What distortions appear in the cartoon? What is the main point this cartoon is attempting to communicate?         II.  Objective: Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response.  Determine the meaning […]

I. Bellwork: Synthesizing Information R45 1-3 Q&A R45 II.  Objective: Given various scenarios distinguish between progressive, regressive, and proportional taxes Cite specific textual evidence to support analysis of primary and secondary sources Analyze and discuss the merits of various methods in which governments generate revenue on consumption, income and wealth. III. Review: Incidence of a […]

I.  Guest Speakers -Dearborn Federal Credit Union Mrs. Richards and Mr. Hoff Topic:  Budgeting and Credit Guest Speaker sheet Pay attention & Complete the sheet with complete sentences II.  Turn in your homework

I.  Bellwork: Q&A –   Page 231 Economic Analysis Page 235 Economic Analysis   II. Objective:   Analyze and evaluate the methods in which the government generates revenue. Determine the meaning of words and phrases as they are used in a text Identify and classify taxes as progressive, regressive, and proportional according to the methods […]

I.  Bellwork: Based upon the cartoon, construct a  Four Square   II.  Objectives: Determine the central ideas or information; provide an accurate summary that makes clear the relationships among the key details and ideas. Examine, analyze, and discuss the fundamental principles associated with taxation. III. Discussion/Notes: A.  Review:  Taxes Video IV.  The Economics of Taxation Pages 229-236 PPT file and […]

I.  Bellwork Q&A https://news.bbc.co.uk/1/hi/health/7129024.stm a) What is the negative externality? b) Why is it a negative externality? c) What options does the government have to try and overcome/reduce the negative externality? II Objectives Discuss and provide analysis of the societal impact externalities and market failures (tragedy of the commons) while also exploring possible methods to […]

I.   Bellwork: Q &A A.  Obama moves to curb car emissions What is the market failure that the government is trying to reduce? How is the government attempting to fix the failure? What government agency/agencies may be involved? How effective do you believe this policy is likely to be in reducing the market failure? II. […]

I.  Bellwork  Q&A If a new bridge to Canada is built: Provide and explain an example of a negative externality. (Be specific) Provide and explain an example of a positive externality. (Be specific) II.  Objective Identify the purpose of legislation which constrains the functions of  business structures. Examine and explain the role of the government  […]