Chapter 3 U.S. Private and Public Sectors

3.3 Public Goods and Externalities Nearpod - EQYXV

Describe and provide examples of four types of goods

Define negative and positive externalities

3.4 Providing a safety net Nearpod - VEWDS

Determine why household incomes differ and identify the main source of poverty in the United States

Describe government programs that provide a safety net for poor people

Debate # 1

Should there be a minimum wage?

3.1 The U.S. Private Sector Nearpod - SVEXD

Describe the evolution of households

Explain the evolution of the Firm

Understand why international trade occurs

3.2 Regulating the Private Sector Nearpod - MPGWI

Explain how government can improve operations of the private sector

Distinguish between regulations that promote competition and those that control nature monopolies

Describe how fiscal policy and monetary policy try to stabilize economic fluctuations

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