March 2 - 5

Friday March 5, 2010

1. View film: "Is Wal-Mart Good for America?"
2. Take notes on film and connect ideas and concepts to class topics.

Wednesday, March 3, 2010

Answering the 3 Economic Questions

Directions: Download the following reading and answer the questions below on a separate sheet of paper.


1. List the three economic questions. Explain what each of these questions means for a society.

2. What is the fundamental economic concept that makes people choose in any society? Explain this economic problem.

3. What is an economic system? What is it's purpose?

4. The question that "lies at the very heart of the differences between economic systems today" is?

List the five basic economic goals guiding society's choice of economic systems:

List and describe each of the four kinds of economic systems:

7. Examine the graph "Government Spending by Category on page 543. Based on the information in the graph,
identify what you think are some economic goals of the United States.

8. Rank the basic economic goals for a traditional economy, a centrally planned economy, and a free market economy.


Tuesday, March 2, 2010

1. Understand the important role that capital plays in the U.S. economy. Complete the following reading about capital and fill out the graphic organizer.
2. Reading:
3. Graphic Organizer/Notes Worksheet: