1. Objective
SWBAT to analyze opportunity cost and socio-
economic goals of the United States in order to
practice answering multiple choice questions.
Warm-Up
Write a BCR
“No one man should have all that power”
- Kanye West
• In your response, name the type of government that the
quote is referring to;
• Explain how the quotation is referring to that type of
government;
• Your response should include at least 5 sentences.
2. Agenda
• Objective and Warm-Up (5 minutes)
• Introduction to New Material (15 minutes)
• Guided Practice (15 minutes)
• Independent Practice (30 minutes)
• Exit Slip (5 minutes)
4. Economics
• The study of how people deal with meeting
unlimited wants and needs with limited
resources.
• Key Terms:
1. Scarcity
2. Opportunity Cost
5. A Question to Answer
What is another way of explaining economics in
your everyday life?
Take 2 minutes to reflect. I am going to ask you
to share, so be prepared.
6. Scarcity
• The idea that there aren’t enough
resources, time or energy to meet all the
needs.
• What forces us to make choices--A or B?
• Example:
• We don’t have enough time to play video
games and homework.
7. A Question to Answer
What is an example of scarcity in your life?
Take 2 minutes to reflect. I am going to ask you
to share, so be prepared.
8. Opportunity Cost
• A trade-off.
• What we lose when we choose to do one
thing instead of another.
• Examples:
• Cost of playing video games is a failing
grade.
9.
10. A Question to Answer
What is an example of opportunity cost in your life?
Take 2 minutes to reflect. I am going to ask you
to share, so be prepared.
11. Goals of USA
• General welfare of people
• Equity - promoting fairness or helping those with
less.
• Safety and health
• Protect the environment
• maintain undeveloped land
• Economic security
• full employment / job training
• minimum wage to keep up with inflation
12. A Question to Answer
Give me an example of one of the goals impacts on
your life.
Take 1 minute to reflect. I am going to ask you
to share, so be prepared.
13. Word Sort
Unemployment Oil Drilling Opportunity Cost
Schools Medicare Public Transportation
General Welfare Protecting the Economic Security
Environment
14. Word Sort
Unemployment Oil Drilling
Schools Medicare Public Transportation
General Welfare Protecting the Economic Security
Environment
Opportunity Cost
15. Word Sort
Unemployment Oil Drilling
Schools Medicare
General Welfare Protecting the Economic Security
Environment
Public Transportation Opportunity Cost
16. Word Sort
Unemployment Oil Drilling
Schools
General Welfare Protecting the Economic Security
Environment
Public Transportation Opportunity Cost
Medicare
17. Word Sort
Unemployment
Schools
General Welfare Protecting the Economic Security
Environment
Public Transportation Oil Drilling Opportunity Cost
Medicare
18. Word Sort
Schools
General Welfare Protecting the Economic Security
Environment
Public Transportation Oil Drilling Opportunity Cost
Medicare
Unemployment
19. Word Sort
General Welfare Protecting the Economic Security
Environment
Public Transportation Oil Drilling Opportunity Cost
Medicare
Unemployment
Schools
20. Guided Practice
1. We are going to review good multiple
choice test taking skills.
2. After we review the skills, we will answer
some questions together.
3. You will then answer the rest of the
questions individually.
4. We will then review the skills we used to
answer the questions.
21. RITS for Multiple Choice
1. Read the QUESTION first
• LOOK for words such as MOST, LEAST,
EXCEPT, ALL, SOME
2. Identify the key actors and terms when
you read the prompt.
3. Try to answer question BEFORE you look at
the choices
4. Slash and Trash
23. LEGISLATURE TO PROVIDE ASSISTANCE TO
FIRST TIME HOMEBUYERS
In response to rising housing costs, the state
legislature has voted to provide financial
assistance to low-income families to help
purchase their first house.
The action described in the article above is
intended to
A. support local businesses
B. generate revenue for the city
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C. promote economic equity in the area
D. limit support for local businesses
24. LEGISLATURE TO PROVIDE ASSISTANCE TO
FIRST TIME HOMEBUYERS
In response to rising housing costs, the state
legislature has voted to provide financial
assistance to low-income families to help
purchase their first house.
The action described in the article above is
intended to
A. support local businesses
B. generate revenue for the city
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C. promote economic equity in the area
D. limit support for local businesses
25. Which of these is the opportunity cost of
this decision?
26. A local government has a limited amount of
money to spend. It decides to spend the
money to support local businesses instead of
to remove trash from unused buildings and
vacant lots.
Which of these is the opportunity cost of
this decision?
A. tax revenue
B. jobs for local residents
C. a clean environment
D.profits for business owners 10
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27. A local government has a limited amount of
money to spend. It decides to spend the
money to support local businesses instead of
to remove trash from unused buildings and
vacant lots.
Which of these is the opportunity cost of
this decision?
A. tax revenue
B. jobs for local residents
C. a clean environment
D.profits for business owners 10
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29. The governor of Maryland chose to
cut spending on road construction
in order to increase spending for
school construction.
Which economic principle is best
demonstrated by this decision?
A. economic freedom
B. opportunity cost
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C. price controls
D.supply and demand
30. The governor of Maryland chose to
cut spending on road construction
in order to increase spending for
school construction.
Which economic principle is best
demonstrated by this decision?
A. economic freedom
B. opportunity cost
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C. price controls
D.supply and demand
31. Based on the headline, which of these is a
purpose of this action
32. Government Fines Company
for Failing to Correct
Hazardous Machine Parts
Based on the headline, which of these is a
purpose of this action
A. to protect workers from injury
B. to teach workers how to use machines
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C. to make new machine parts
D.to find jobs for unemployed workers
33. Government Fines Company
for Failing to Correct
Hazardous Machine Parts
Based on the headline, which of these is a
purpose of this action
A. to protect workers from injury
B. to teach workers how to use machines
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C. to make new machine parts
D.to find jobs for unemployed workers
34. Which of these best describes why the federal
government would raise the minimum wage?
35. The federal minimum wage in 2001 was
$5.15 an hour.
Which of these best describes why the federal
government would raise the minimum wage?
A. to help workers find employment
B. to help workers’ wages keep up with
inflation
C. to increase the taxes on workers’
wages
D.to make sure all workers receive the
same pay 10
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36. The federal minimum wage in 2001 was
$5.15 an hour.
Which of these best describes why the federal
government would raise the minimum wage?
A. to help workers find employment
B. to help workers’ wages keep up with
inflation
C. to increase the taxes on workers’
wages
D.to make sure all workers receive the
same pay 10
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37. Independent Practice
1. Answer the remaining questions using the
strategies we discussed in class.
2. You will see the question in the first 5
seconds, then extra text, and then the
answers for the final 15 seconds.
3. Use your response pad to signal in.
4. Our goal is 80% for the class.
38. Which of these government responsibilities is most
closely related to the activity described in the excerpt?
39. City Planning Commission to Meet
The population of the city has greatly increased
since 1990. Current proposal for development
include expansion of the airport and the
construction of a large industrial center. The city
planning commission will meet this month to
Which ofthese expansion issues.
discuss these government responsibilities is most
closely related to the activity described in the excerpt?
A. protecting public safety
B. promoting economic growth
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C. protecting individual liberties
D. promoting regional cooperation
40. City Planning Commission to Meet
The population of the city has greatly increased
since 1990. Current proposal for development
include expansion of the airport and the
construction of a large industrial center. The city
planning commission will meet this month to
Which ofthese expansion issues.
discuss these government responsibilities is most
closely related to the activity described in the excerpt?
A. protecting public safety
B. promoting economic growth
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C. protecting individual liberties
D. promoting regional cooperation
42. “Our citizens have wisely formed
themselves into one nation as to others
and several States as among
themselves...”
—Thomas Jefferson, 1801
The quotation refers to the principle of...
A. federalism
B. local government
C. national government
D.confederacy
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43. “Our citizens have wisely formed
themselves into one nation as to others
and several States as among
themselves...”
—Thomas Jefferson, 1801
The quotation refers to the principle of...
A. federalism
B. local government
C. national government
D.confederacy
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44. Which of these examples best reflects the
principle of representative democracy?
45. Which of these examples best reflects the
principle of representative democracy?
A. Citizens of a town vote on all
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government issues.
B. The leader of a country makes all
government decisions.
C. A judge finds a defendant guilty of a
crime.
D.An elected official proposes a bill in
the state legislature.
46. Which of these examples best reflects the
principle of representative democracy?
A. Citizens of a town vote on all
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government issues.
B. The leader of a country makes all
government decisions.
C. A judge finds a defendant guilty of a
crime.
D.An elected official proposes a bill in
the state legislature.
47. Which of these acts is least likely to take
place in a totalitarian system?
A. The government makes rules about
what jobs people may have
B. Leaders dictate what will be taught in
schools
C. People try to obtain power in the
government through elections
D.Local officials take orders from national
officials
48. Which of these acts is least likely to take
place in a totalitarian system?
A. The government makes rules about
what jobs people may have
B. Leaders dictate what will be taught in
schools
C. People try to obtain power in the
government through elections 10
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D.Local officials take orders from national
officials
49. Which of these acts is least likely to take
place in a totalitarian system?
A. The government makes rules about
what jobs people may have
B. Leaders dictate what will be taught in
schools
C. People try to obtain power in the
government through elections 10
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D.Local officials take orders from national
officials
51. Extra Credit!
Make a poster for any one of the
lessons that we have covered
this Unit.
Details are on the slip.
Poster paper will be provided.
52. Exit Slip
1. You will have 5 minutes to complete today’s exit
slip.
2. Please only write the letter of your answer in the
appropriate blank.
3. Complete it in silence.
4. When you are done, carefully check over your
answers.
5. After checking your answers, please begin your
53. 3, 2, 1, See Ya!
What are 3 things that you learned today?
What are 2 things that confused you?
What is 1 thing you want to know more
about?