Ok.....
ECON--here are your questions!
1. What is the impact of economic concepts in the US Constitution on contemporary economic issues and policies? Use 3 examples to back up your conclusions.
2. Explain how scientific discoveries and technological innovations create the need for rules and regulations to protect individuals and businesses. Use 3 examples of new technologies to back up your conclusions.
3. Explain why this statement is true or false. Government steps in to allocate resources efficiently so that the country is operating on its PPC instead of under it.
4. "Give a person a fish, feed him for a day; teach a person how to fish, feed him for a lifetime." Do any of the government programs in section 4 reflect that saying/ Explain your answer. (Use examples to back up your choices.)
5. Choose a regulatory agency listed in section 1. Describe its beginning, give who currently leads, and give 4 examples of things they do.
6. Are the macroeconomic goals of employment, growth, and stability best met by the public or private sector? Explain your choice.
7. How does the government attempt to encourage positive externalities and limit negative externalities? Give two examples of each.
8. Describe faith-based initiatives. Who created the office and when? Go to the website of the Office of Faith-based and Community Initiatives and give at least 2 facts about these initiatives that are not listed in Chapter 3.
9. using your quotes from Adam Smith's Wealth of Nations and page 33, explain the idea of the "invisible hand." Describe the two forces that comprise it and explain how it relates to the term "laissez faire."
10. Read the primary source on page 73 (Johnson). He is describing his War on Poverty. In your own words, describe 3 economic reasons Johnson uses to support his argument for the investment of funds to fight poverty. Do you agree with his reasoning? Why or why not?
OK! These questions are due in my box in the office by Friday at 3:15pm. NO LATE RESPONSES will be taken.
Due WED: Journal (any type of your choice) and outline of section 4 of Chapter 3.
WORLD HISTORY
We are working toward our next written test. Due Wed is one journal, bold terms from the Counter Reformation and questions 1-5, your completed map, and the information about absolute rulers in Spain.