Monday, November 29, 2010

Monday, November 29th

Three Things for Tomorrow!!! Here they are:
  • Big Tuesday Stock Report #7 for tomorrow!
  • Political Cartoon - create a political cartoon about either Child Labor or Workplace Safety. These were the two examples we had in class about government "Watching Over Working Conditions". Let the creative juices flow - create a cartoon that make a point/statement about one of these two examples. Please don't copy any of the examples we had in class. This should be done on a piece of white paper not lined paper, okay?
  • Please read pages 59-65 in the economics book. The questions to answer are below. Highlight, copy and paste them into a word document. Be sure to make enough space.
 
The Role of Government in our Economy!

 
a. Who is the biggest employer in the United States? What are the THREE different levels of government in the U.S.?
b. After reading this assignment - List at least 10 different services and public facilities that are offered by all levels of government in this great country.
c. Not in the reading – BUT, why do you think these services are provided by government and not by private businesses?
d. Probably the most important role the government has in the economy is as a REGULATOR. What does this word mean?
e. Jot down a list of different ways the government regulates activity in our economy.
f. Explain the difference between a public facility or service and the government providing for someone’s well being.
g. The government ensures competition in the market place. How does competition benefit us? (state three examples)
h. How does the government protect consumers?

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