Download Competency 5 Questions

Competency 5 QUIZ
• Consider your economics objectives as
you answer these questions.
• Treat this like a test
• Annotate questions and charts.
• Eliminate wrong answers.
Competency 6
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Competency 6
How and how much…
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Competency 6
How and how much…
Restrictions/limits
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Competency 6
Businesses and Workers
How and how much…
Restrictions/limits
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Competency 6
Businesses and Workers
How and how much…
Restrictions/limits
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Bimetallism/ Silver Standard
and the Federal Reserve
Competency 6
Businesses and Workers
How and how much…
Restrictions/limits
Understand the scope of government involvement in
the economy including the following: the regulation
of industry and labor, the attempts to manipulate the
money supply, and the use of tariffs or trade
agreements to protect or expand U.S. business
interests.
Bimetallism/ Silver Standard
and the Federal Reserve
Taxes on imports/NAFTA/WTO
Objective 6a
Cite and explain evidence that led to the
transition of the US economy from laissezfaire capitalism to an increasingly regulated
economy.
Objective 6a
proof
Cite and explain evidence that led to the
transition of the US economy from laissezfaire capitalism to an increasingly regulated
economy.
Objective 6a
proof
Cite and explain evidence that led to the
transition of the US economy from laissezfaire capitalism to an increasingly regulated
economy.
Government is hands-off of
business/no interference
Objective 6a
proof
Cite and explain evidence that led to the
transition of the US economy from laissezfaire capitalism to an increasingly regulated
economy.
Government restricted
Government is hands-off of
business/no interference
Objective 6b
Analyze and evaluate historical arguments
regarding monetary policy.
Objective 6b
Analyze and evaluate historical arguments
regarding monetary policy.
The process by which the government
controls the money supply (Federal
Reserve, Income Tax…)
Objective 6c
Critique the government’s use of tariffs and
trade agreements.
Objective 6c
Tax on imported goods
Critique the government’s use of tariffs and
trade agreements.
Objective 6c
Tax on imported goods
Critique the government’s use of tariffs and
trade agreements.
NAFTA/WTO
Objective 6d
Evaluate deficit spending as a means of
financing government programs.
Objective 6d
Spending borrowed money creating a deficit
Evaluate deficit spending as a means of
financing government programs.
Objective 6d
Spending borrowed money creating a deficit
Evaluate deficit spending as a means of
financing government programs.
Paying for/ funding
Objective 6d
Spending borrowed money creating a deficit
Evaluate deficit spending as a means of
financing government programs.
Paying for/ funding
New Deal…