This lesson uses the topic of cell phone service to illustrate how government and the economy are related. Students learn the difference between market, command, and mixed economies. Building on the idea of a mixed economy, the lesson discusses government limits on economic activity, including anti-trust laws, tariffs, and consumer protection. Having studied cell phone service as an example, students apply what they’ve learned by showing how the principles of a mixed economy work in the food production industry.
Rating 829 Downloads 1289 Views Updated: Friday, July 15, 2016 - 1:33pm