Economics · Week 13 · Government, the Macroeconomy, and Global Trade

What Government Does in Markets

Weighing arguments for and against government roles in markets from several economic perspectives and practicing a fair summary of a view one does not hold.

Responsible decision-makingGrade 12About 20 minutesGrade 12, one semester

Open this activity All Economics activities

Students will: Students identify five roles government plays in a market economy and weigh benefits against factors that may make costs outweigh benefits, using several economic perspectives.
SEL skill: Summarize a view you do not hold fairly before weighing it
What it looks like: Students practice summarizing a view they do not hold fairly and accurately before responding to it.
Content focus: What government does in markets
Format: Structured discussion

Responsible decision-making

Social awareness means understanding the perspectives of others, including people whose backgrounds and views differ from yours, and treating them with empathy and respect. More responsible decision-making activities

What you get

A teacher guide with what to say, step by step, plus student pages and a supports page for students with diverse learning needs, including those with IEPs. Print or Project it, or assign it in Google Forms and Google Docs for Google Classroom. Your first 10 activities are free.

Standards

12.3.1: CA History Social Science Content Standard, Grade 12: Principles of Economics (standard 12.3, item 1)
12.3.2: CA History Social Science Content Standard, Grade 12: Principles of Economics (standard 12.3, item 2)
CA HSS Analysis Skill: HREP3 Evaluate major debates among historians about alternative interpretations of the past. (Historical Research, Evidence, and Point of View)
C3 Framework (national): D2.Eco.6.9-12 Generate possible explanations for a government role in markets when markets work inefficiently.
Literacy in history: RH.11-12.6 Compare the point of view of two or more authors on the same or related topics.

Fits these textbook chapters

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