Reasons that states and nations trade. Impact of technological innovations. CE.13 The student Ways the a) examining 13e- Warning will apply social government competition in the labels page science skills to promotes marketplace; understand the role of marketplace government in the competition. b) explaining how and United States why government -13d economy Government provides certain goods (5 weeks) agencies that and services; -13d regulate and promote c) describing how - 13c competition in local, state, and federal the governments allocate - 13c marketplace. their budgets and collect taxes to pay for Characteristics goods and services they of most goods provide and services provided by d) explaining the government. structure and main function of the Federal Ways Reserve System and governments how it acts as the pay for public nation’s central bank; and services. e) describing how Most economic governments regulate decisions in the to protect consumers, United States labor, the environment, are made in the competition in the marketplace, marketplace, and but government property rights; also has a role in the economy. f) explaining the role In the United of government States, currency and analyzing governments the purpose of a money collect several economy. different types (1b,f) of revenue or taxes from
Reasons that states and nations trade. Impact of technological innovations. CE.13 The student will apply social science skills to understand the role of government in the United States economy (5 weeks) Ways the government promotes marketplace competition. Government agencies that regulate and promote competition in the marketplace. Characteristics of most goods and services provided by government. Ways governments pay for public and services. Most economic decisions in the United States are made in the marketplace, but government also has a role in the economy. In the United States, governments collect several different types of revenue or taxes from a) examining competition in the marketplace; b) explaining how and why government provides certain goods and services; c) describing how local, state, and federal governments allocate their budgets and collect taxes to pay for goods and services they provide d) explaining the structure and main function of the Federal Reserve System and how it acts as the nation’s central bank; e) describing how governments regulate to protect consumers, labor, the environment, competition in the marketplace, and property rights; f) explaining the role of government currency and analyzing the purpose of a money economy. (1b,f) 13e- Warning labels page -13d -13d - 13c - 13c
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