BELLWORK Write down 3 Current Events from the Week-In-Rap. https://www.flocabulary.com/topics/week-in-rap/

Slides:



Advertisements
Similar presentations
Economics: Principles in Action
Advertisements

Political Science, Unit 7. TAXING & SPENDING HOW DOES THE GOVERNMENT RAISE MONEY? 1) TAXES a. Progressive Individual Income Tax b. Corporate Income Tax.
 To provide Public goods and services:  National Defense  Police and fire protection  Courts and correctional institutions.  Public Parks  Streets,
Section Outline 1 of 9 Government’s Role In Our Economy Section 2: Government’s Efforts to Solve Economic Problems I.Ensuring Fair Business Practices II.Protecting.
Taxes & Government Regulations
Chapter 5 The U.S. Economic System.
Economic Policy. ECONOMIC POLICY President & Congress held responsible for economic “health” of nation Policy involves improving overall economic health.
Chapter 17 Domestic Policy.
Production costs  Supply and Demand  Competition  Encourages efficient use of resources  Want to lower prices to compete yet make a profit.
Unit 8 – Taxes and Government Spending
 Economics – explains the choices we make and how those choices change as we cope with scarcity  Scarcity – the idea that there is a short supply or.
Copyright 2009 Pearson Education, Inc., Publishing as Longman Longman PoliticalScienceInteractive Magleby & Light Government by the People Chapter 19 Making.
Monday, 4/13/15, Day 3 Essential Skill: Explicitly Assess Information and Draw Conclusions 1-Executive Branch Test Wednesday, 4/15 2- “The Cabinet” 3-
The Social Welfare Policy. What is Social Welfare? A means by which the government provides assistance to those suffering from hardships  Ex: old age,
Effects of Government Policies Costs and Benefits.
Examine the role of the government in the US economy. The US is a mixed economy with private and public sector. The government has a crucial role in finding.
Chapter 15 Domestic Policy Areas of Domestic Policies Social Welfare Policy Development of Social Welfare Policy Social Insurance Programs Public Policy.
Bureaucratic Organization. How Big Is the American Bureaucracy? In 1801, there were 2,120 government employees. Today, there are nearly 3,000,000 government.
Unit 6 Final Review Public Policymaking. What is public policy? Laws and acts of the government that seek to – Fix social problems (high crime rates,
Economic Policy: A History Ch. 18 How did ideas of government regulation of the economy change over time? Why was there a shift away from laissez-faire.
1. Domestic Policy –A.Definition 1. the decisions, actions, and principles that guide the government’s approach to issues and problems within the United.
Unit Six. Chapter 16 Congress has the power to Coin money Collect taxes Borrow money Set up a postal service Build roads Regulate commerce Congress has.
Monetary Policy Monetary Policy – the process by which the government controls the supply of money in circulation and the supply of credit through the.
Social and Domestic Policy Business Consumer Protection Labor Agriculture Environment Public Assistance Education Housing.
American Free Enterprise. The Benefits of Free Enterprise.
The President’s Cabinet Who are they? How are they selected? What do they do?
1. The government fulfills many roles and performs many activities in business. 2.
Government and the U.S. Economy Chapter 12. Government’s Role in the Economy “Public Sector” All levels of the government. “Private Sector” Businesses.
© Mark E. Damon - All Rights Reserved Another Presentation © All rights Reserved
Chapter 14: Taxes and Government Spending Section 3
By Sharon Gorman and Anna Karpiej-Szczepanski.  President Franklin D. Roosevelt’s New Deal programs stimulate the economy and the arts.  The New Deal.
Chapter 3 Section 4.
Measuring Economic Growth. Write and answer the following questions on a separate piece of paper. 1.Define GDP.p320 2.What items are not included in calculating.
Chapter 3: American Free Enterprise Section 4. Slide 2 Copyright © Pearson Education, Inc.Chapter 3, Section 4 Objectives 1.Explain the U.S. political.
Domestic Policies Odds and Ends. ▪ Establishes interest rates for member banks to borrow ▪ Sets percentage of “cash on hand” for member banks ▪ Attempts.
Public Policy A purposeful and consistent course of action taken by government to address a particular problem.
Slide 1 Copyright © Pearson Education, Inc.Chapter 3, Section 4 Essential Question What role should government play in a free market economy?
 Chapter 16 Government Spending. Growth of Government In 1929 only 3 million governme nt workers at all levels Depression causes greater demand for government.
Chapter 23- Government and the Economy. Providing Public Goods Private goods are goods that when consumed by one individual, cannot be consumed by another.
WHAT IS PUBLIC POLICY? Social and Economic Policy.
Business and Labor Policy. Protecting Free Trade NAFTA – North American Free Trade Agreement NAFTA – North American Free Trade Agreement Federal Subsidies.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Social Responsibility Government Protection Activities 4-3.
Fiscal Policy. Clear Target Students will be able to explain how fiscal policy is used to influence our economy.
“It is not from the benevolence of the butcher the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” Adam Smith.
© 2001 by Prentice Hall, Inc. ECONOMICS: PRINCIPLES IN ACTION C H A P T E R 3 AMERICAN FREE ENTERPRISE.
To Accompany Comprehensive, Alternate, and Texas Editions American Government: Roots and Reform, 10th edition Karen O’Connor and Larry J. Sabato  Pearson.
America Gets a New Deal (Chapter 15, Section 1 & 2)
THE CABINET. Cabinet History In 1789, George Washington asked Congress to make 4 specific departments (State, War, Treasury, Attorney General) Today,
Copyright © 2014 Cengage Learning DOMESTIC POLICY Chapter Fifteen.
Department of Agriculture -(1862) Helps farmers and consumers of agricultural products -Food Safety and Inspection Service Runs food stamp and school lunch.
WHAT ROLE DOES THE GOVERNMENT PLAY???. WHAT DOES THE GOVERNMENT PROVIDE FOR IN A MARKET ECONOMY? The government provides goods and services such as military.
Introduction to Business, The Role of Government in Business Slide 1 of 54 The Role of Government In Business.
The Role of Government in Our Economy. Think about it…… What are some government regulations that affect what you do?
1. The government fulfills many roles and performs many activities in business. 2.
Presentation Pro © 2001 by Prentice Hall, Inc. Economics: Principles in Action C H A P T E R 3 American Free Enterprise.
Government's Role in Business.
Nonprofit Organizations. Firms use scarce resources to produce goods and services in order to make a profit for their owners. Other organizations operate.
No Bellwork today. We have too much to do! Read the reminder above. Make assignment __ in your notebook. 1 Reminder: Test on Wednesday. Only one day left.
Bureaucratic Organization
The President’s Cabinet
Government's Role in Business.
Independent Agencies & Cabinet Departments
Chapters 2 and 11 Fundamentals of Business
Government at Work: the Bureaucracy
Welcome to Public Policy Review Jeopardy!.
Chapter 3: American Free Enterprise Section 4
Education, Housing, and Transportation
Question You don’t need to write this down
Chapter 3: American Free Enterprise Section 4
Chapter 14-3: Taxes and Government Spending
Presentation transcript:

BELLWORK Write down 3 Current Events from the Week-In-Rap.

Pass Forward Homework Chapter 21 Vocabulary Due… NOW!!!!!!!!!!!!!!

TAKE NOTES OF ANYTHING IN: BLACK

Social and Domestic Policy CHAPTER 21 Essential Question: How does politics affect social and domestic policies, and how do those policies affect your economic choices, your education and even the air you breathe?

Section 1: Business & Labor Policy The government promotes, regulates, and protects business. It promotes free trade but also uses tariffs to protect American industries from foreign competition. The federal government provides aid to businesses through tax incentives, government loans or credit subsidies, free services, and direct cash payments for goods and services considered vital to the general public. The Department of Commerce promotes business interests and aids small businesses.

Section 1: Business & Labor Policy Until the late 1800s, the government followed a laissez-faire approach to the economy. The rise of huge monopolies resulted in the Interstate Commerce Act, the Sherman Antitrust Act, and the Clayton Antitrust Act. Congress has passed other regulatory laws to protect consumers and ensure fair product standards. Workers joined unions to bargain collectively for better working conditions and wages. At first, the government favored business over labor unions. During the New Deal, government guaranteed labor's right to bargain collectively and to strike. Today, federal laws set minimum wages and maximum working hours and prohibit child labor.

A Brief History of Labor Unions Fill-in-the-blank: Unions help create the ________ _______.

Section 2: Agriculture & Environment The federal government supports American agriculture because farming is vital to the nation. The chief functions of the Department of Agriculture are to help farmers market their produce, stabilize farm prices through price supports and subsidies, conserve land, and promote research in agricultural science. The Department of Agriculture also has helped rural areas obtain electricity and telephone services. The Farmers Home Administration provides loans for farmers to buy land, livestock, seeds, equipment, and fertilizer.

Section 2: Agriculture & Environment Beginning in the 1950s, the federal government passed legislation to clean up the air and water. The Environmental Protection Agency was charged with enforcing a host of environmental regulations. Air and water pollution laws have improved the country's air quality and waterways. New laws require federal funding before imposing additional environmental requirements on state and local governments.

Section 3: Health & Public Assistance The Great Depression changed the federal government's role in the economy. The Social Security Act created a social insurance system that includes Social Security payments, Medicare, and unemployment insurance taken as payroll taxes. Public assistance programs include Supplemental Security Income, food stamps, Medicaid, and Temporary Assistance for Needy Families. As the baby boomer population ages, the Social Security system will face challenges in providing its payments.

Section 3: Health & Public Assistance The largest percentage of federal government spending on health goes for Medicare and Medicaid. Other health programs include medical care for veterans and their families and research programs. The Food and Drug Administration is a gov’t agency that tests food and drug products for safety. In 2010, Obama signed the Affordable Car Act into law. The ACA was enacted to increase the quality and affordability of health insurance, lower the uninsured rate by expanding public and private insurance coverage, and reduce the costs of healthcare for individuals and the government.

Section 3: Education, Housing & Transportation The federal government plays an ever- increasing role in providing aid to local schools and colleges. More funds have been allotted as the educational scores of American students have fallen below European and Asian students.

Section 3: Education, Housing & Transportation Several government-sponsored mortgage programs promote building and purchasing homes. Urban renewal programs supply federal aid for cities to rebuild deteriorating areas. Public housing programs were intended to provide low rents for low-income Americans. Many of the public housing projects faced serious problems, however, and the government gave state and local officials more control over housing decisions.

Section 3: Education, Housing & Transportation In 1966 Congress created the Department of Transportation to coordinate national transportation policies and programs. It oversees safety in aviation, federal highway programs, and the development of mass transit systems.

The Decline of Labor Unions in the US Follow along on with the handout and answer the question on a separate sheet of paper.

Closing Activity: Quick Write How do you feel about labor unions? Do you think that they are necessary? If they cease to exist, what do you think would happen to work in the U.S., what about it would change? (pay, conditions, etc.) (8-10 Sentences)