1. Bell ringer, 8.22 What is Adam Smith’s most important work?
Please turn to page 11 in your text book. Read “People and Perspectives” on the life of Adam Smith. Please write the following four questions and answer. Thanks.
What is Adam Smith’s most important work?
Adam Smith is considered the founder of what?
Which two schools did Adam Smith attend?
How can pursuit of individual self interest benefit society as a whole?

3. Bell ringer, 8.23 Karl Marx is often associated with what event ?
Please turn to page 510 in your text book. Read “People and Perspectives” on the life of Karl Marx. Please write the following four questions and answer. Thanks.
Karl Marx is often associated with what event ?
Who helped covert Karl Marx to the concept of communism?
Because of his belief in communism, Marx was expelled from what three places?
Why do you think so little of Marx’s writings are known and quoted today?

5. Bell ringer, 8.24
Please write down the four questions below. Use the chart on the next slide to answer the questions. Thanks.
Where did most of your tax dollar go in 2014?
How much of the 2014 dollar went to funding education?
15.3 cents of your tax dollar went to which category?
Which section of the tax dollar would you like to see increased or decreased and why?

7. Bell ringer, 8.25 Why was the penny per ounce tax created?
Please write down the four questions below. Go to the wiki page, and click on the link for the podcast. Listen to the podcast to answer the 4 questions.
Which California city was the first to place a tax on soda and other sugary drinks?
Why was the penny per ounce tax created?
Which country imposed a similar soda tax in 2014?
What are some other American cities considering a soda tax in their cities?