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Descriptors of Free Enterprise
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Constitutional Protections
Property Rights Earlier times: King/Gov takes away property for use 5th amendment protects this “nor shall prviate property be taken for public use, without just compensation” 14th extends same limitation to state Applies to corporations as well Taxation Only tax in ways Constitution allows Direct taxes equal; 16th states taxes based on income
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Constitutional Protections: Property Rights and Taxation
Government must give proper payment for land Voted for approval (often) Always fair? Taxes levied by Congress based on income Voted for approval Certain areas only (property vs. sales) Citizens choose own location – Teacher will only move for safety reasons Taxes only levied by event cards– equal for all those affected (equal percentage or equal amount) Voted on? United States Saxon the City
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Basic Principles Profit Motive Open Opportunity Economic Rights
Encouraged to increase well being Operate in way to maximize profit/resources/income Financial discipline Open Opportunity Everyone can compete in the marketplace Allows economic mobility up or down Economic Rights Same legal rights (ownership, credit card, etc.) Control possessions Decide what agreements to enter Competition
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Basic Principles: Profit Motive, Open Opportunity, Economic Rights
Profit Motive: stability and well being Open Opportunity: anyone can open any business – as long as they have the means necessary Rights: Equal pay*, no rejection based on race/gender Profit Motive: Raffle, enjoyment of goods, extra credit Open Opportunity: anyone can open any business Rights: Equal pay and no rejection United States Saxon the City
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Role of the Government Information and Free Enterprise
Product information (e.g. nutritional) – public disclosure laws Consumer choice Protecting Health, Safety and Well-Being Restrictions on certain goods (environmental protection) Zoning laws Consumer protection (actively involved in 60’s) More labels
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Role of the Government: Information and Free Enterprise and Protecting Health, Safety and Well-being
Nutritional Labels Expiration dates Allergies Safe operation Zoning No business from home Certain areas for certain business Environment Protection Responsible waste Fuel efficient cars Nutritional Labels No Laws Business/Consumer responsible Zoning Certain areas for certain business Keep certain areas off limits Environment Protection No Littering Don’t make it smell bad United States Saxon the City
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STAMPS S T A M P PEAKER ONE UDIENCE EANING URPOSE IGNIFICANCE
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Practice Speaker Tone Audience Meaning Purpose Significance
Paul Revere, artist Tone Ruthless; Violent Audience Colonists/Loyalists Meaning Britain fired on unarmed colonists; Britain massacred the citizens Purpose Encourage colonists to join independence movement Significance propaganda; more join movements
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A Boy Tramp Tells of the “Big Trouble”
But we got along swell before the big trouble came even if there were seven of us kids. I shined shoes in a barber shop. Jim carried papers. And Marie took care of Mrs. Rolph’s kids. Mother always did some sewing for the neighbors. We had a Chevvie and a radio and a piano. I even started to high school mornings, the year the big trouble came… Dad got sick as usual but we never thought anything of it. When he comes to go back to work he can’t get a job, and everybody all of a sudden-like seems to be hard up. I cut the price of shines to a nickel, but it didn’t help much… Mrs. Rolph’s husband got a cut and she cans Marie. Jim had to quit the paper route because he lost all his cash customers, and the others never paid. Nobody wanted Mother to sew anything. Source: Thomas Minehan, Boy and Girl Tramps of America, (New York: Holt, Rinehart & Winston, Inc., 1934).
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Other Questions How did the family live before the Great Depression?
How did the Depression affect the family?
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