1. Unit 6: Market Failures and the Role of the Government 1 Length 2 1/2 Weeks TOTAL Assignments Problem Set #6 2. What is the Free Market? (Capitalism) 2 3. 5 Characteristics…
1. Unit 6:Market Failures and the Role of the Government Length 3 Weeks TOTAL Assignments Problem Set #6 2. When should the government get involved in the economy? Worker…
Slide 1 Slide 2 Unit 6: Market Failures and the Role of the Government 1 Slide 3 What is the Free Market? (Capitalism) 2 Slide 4 5 Characteristics of Free Markets 1.Little…
Slide 1Public Goods and Common Resources Slide 2 Characterizations of Goods, Services or Resources Excludability: Excludable when it is possible to prevent a person from…
Slide 1 What would happen if the Government left road-building up to citizens or private companies? What problems might arise? (list 3) Warm-up Slide 2 Providing Public Goods…