Materials

  • CCB Mathematics pages 196 - 201

Standards

Objectives

  • Describe how the role of government in the economy has

  • expanded over time

  • Explain the roles of government in the economy

  • Understand how tax revenues pay for government programs

Key Concept

  • The role of government in the US economy has increased dramatically during the past century.

Vocabulary

Tier 2 Secession
Tier 3 Limited Government
Public Goods
Transfer Payment
Test Words Analyze
Faulty Logic

Evidence-Based Reading

  • Pronouncing Plurals: Have students identify the plural nouns formed with an -s or -es in the two paragraphs under the heading Regulating Business Activity (laws, monopolies, consumers, options, prices, agencies, products, securities, investors, workers, conditions). Have students work in pairs to say the three pronunciations of the plural (/s/, /z/, /az/). Then work with them to determine when each is used.

Writing Practice

  • Remind students to use facts and details to support their analysis. Have them double-check their reasoning to make sure they explain it thoroughly and that it is based in logic.

Before Lesson

Ask students to recall any recent news items they have read or heard about the government’s role in the economy. (Sample answers: changes in the base interest rate, social security, or unemployment benefits; debates about tax law) Ask: What do you think about the role of the government regarding these news items?

Background

Work with students to recall what they have learned about the US economy. Ask them why they think the role of government in the US economy has expanded in the past century. If they struggle, mention Roosevelt’s policies in response to the Great Depression and Johnson’s Great Society programs. Have students create a time line tracing this expansion as they read Government’s Role in the Economy.

Guided Practice

  • Government’s Role in the Economy
    • Laissez-Faire Capitalism
      • The Great Depression and New Deal
    • From 1946 through the 1980s
    • From 2007 to the Present
  • The Four Roles of Government
    • Regulating Business Activity
    • Providing Public Goods
    • Promoting the Well-Being of the People
    • Stabilizing the Economy
  • Taxation: Paying for Government Programs
    • Local Taxes
    • State Taxes
    • Federal Taxes

Core Skill

Evaluate Reasoning (page 198): Provide students with an example of faulty logic from an advertisement or magazine. Work with students to identify the faulty logic and why it is not sound reasoning. When they complete the sidebar activity, invite students to share their examples and analyses with the class.

Evaluate Reasoning (page 199): Have students create a clean final draft of their paragraph. Use these to compile a student pamphlet on public goods.

Analyze Information: Provide small groups of students with editorials on economics. Have them underline facts, circle the main idea, and decide whether the author has convinced them based on the facts.

Extension

Proofread: Remind students to proofread their written work to find errors in capitalization, punctuation, grammar, spelling, and word choice. Tell them that it can be difficult to proofread your own work, especially in a language you are learning. One good strategy is to wait until the next day to do the proofreading. Another is to read the text aloud and listen to what you have written. Have them ask themselves: Does it sound like the English you hear around you? If not, they should check for errors.

Formulate a Plan: Have students write an editorial formulating a plan related to taxes proposing it, and developing a logical argument to support their proposal. They may feel that a particular tax, such as property tax, is unfair or unreasonable. They may argue that certain taxes should be raised in order to fund a new government program or expand an existing one.

Lesson Review