YEP Spring Break Homework

Spring Break HW: Ch. 1 Assessment; Applying Concepts 1-3
Chapter 2 assessment Key terms, Review Facts,
Thinking Critically #1, Building skills 1-3
Test on Tuesday when we return on Ch 1-2, and, notes

Note: Make sure you have completed your questions about HEalth Care!!!

Questions for Health Care Article---see #s in article

1.List 3 major changes affecting everyone.
2.How can you buy insurance if it is too expensive for you? What is a government subsidy?
3.If you have an expensive plan and can afford it, you may contribute to supporting others through a tax…is this fair to the ‘rich’?
4-7 At what income do individuals and families get Government subsidy? How much will you or your family pay? A new Teacher? Dr. Steinberg? Who does not receive a subsidy?
8. What happens to insurance ‘slackers’!
9.What other important changes are in the new bill?
10.What is do you think is government based insurance market?
11.How much will subsidies cost and who will pay for them?!!

$$$ + Social Responsibility = Economics in A Democracy; +a little Socialism when needed!

HW: Read Ch. 2.2
Rank order by economic and social importance: Justify your #1-3 choice in paragraph...Explain your reasons for your ordering

neconomic freedom to make own decisions
necon efficiency for greater benefits than costs
nEconomic equity…a social goal to support laws against wage and job discrimination
nFull employment
nEcon security for the elderly, workers losing jobs etc.
nPrice Stability, freedom from inflation …protects people on limited income
nEcon growth to increase goods and services to all

HW: Complete Assessment—2, 4, 6

Weekend HW on pros and cons of Capitalism

nRead 35-39
nList the advantages and disadvantages of a command economy; and, a market economy (which is capitalism)

I will chk work Monday.

Movie: Capitalism, A Love Story.....continues Monday

HW: THE INVISIBLE HAND!!!! Look out!

CLASSWORK for P. 2
nRead p. 14-15 Explain WEALTH; Read
nProfiles in Economics p. 18
nExplain the ‘Invisible Hand’; laissez-faire; answer 1,2

HW for p. 2,3,4
nHW: Read Ch. 1 Sec 3 p.19-22;
Answer all questions under all charts/pix. Be prepared to explain: Opportunity/Cost

HW from Tues nite (no HW otherwise for Weds)

HW: Chapter 1 Section 2. p. 12-13

Define: Goods and services; value; Paradox of value, utility
Define; Explain the relationship between these
concepts: Scarcity, Value, utility, wealth

Getting into the Econ text book: Ch. 1 basics

Read 5-10
Answer 1-7

Addl questions from WHAT WOULD JESUS BUY
What is the retail moment?
What did Billy mean when he said: We are not consuming, we are being consumed?"
Do you dream, did you ever dream about the mall? Be honest.
What do you think are the important messages of the film? What is important for you?

What would Jesus Buy? Nothing...!!!! What do you buy? Why? GET YOUR ECON TEXT!!!

WELCOME What do you buy? What is a necessity? What is a luxury? On a scale of: low-1 to 10-high, how easily influenced are you by advertising? By what other people have…like a new cell phone, video game, clothes, fad?

HW What would Jesus Buy?
What is ‘the worship of the retail moment”?
What does he mean by our “Shopocolypse
What do kids want for Xmas? How do they choose? Know? How are they influence? How are you influenced by TV ads?
Is gift giving the same as love and affection?
What shopping confession would you make in the Shopping Confessional?