12th Grade Public Goods Lessons

Focusing on the government's responsibility in providing public goods and services, such as roads, schools, and hospitals, this content delves into their funding mechanisms. Learners will acquire economic concepts, identifying and analyzing various public goods and services. This understanding will enhance learners' comprehension of economic systems.

Investigate the intricacies of market failures, focusing on key concepts like government interventions and externalities in economic systems. Understand how these elements impact market dynamics and resource allocation. Develop skills necessary for analyzing economic policies and their societal effects.

Explore market failures by examining public goods and competitive market dynamics. Gain an understanding of the characteristics of public goods and why free markets struggle to produce them. Analyze how externalities impact market efficiency.

Analyze the comprehensive dynamics of the economic circular flow model, concentrating on the essential functions of households, businesses, and government. Gain a nuanced understanding of economic interactions and the movement of goods, services, and money throughout an economy. Develop insights into how these components interrelate and contribute to economic stability and growth.

Examine antitrust laws, including the Sherman Act, Clayton Act, and Federal Trade Commission Act, to understand their influence on market structures. Gain insights into the effects of these laws on competition and learn to distinguish between pure competition and monopoly.

Explore how economic functions of government, including fiscal and monetary policies, play a role in stabilizing the economy. Gain insight into the impact of government decisions on competition, income redistribution, and addressing externalities. Develop the ability to critically analyze economic policies and their broader effects.

Explore market failure with a particular emphasis on negative externalities and monopoly mechanisms. Gain a deeper understanding of economic inefficiencies and regulatory responses, enhancing analytical skills in examining market structures and policies.

Engage with the Circular Flow Model to comprehend the dynamic interactions between businesses, households, governments, and banks within an economy. Understand the interdependent circulation of resources, goods, and money across these sectors to gain a deeper insight into economic principles and market operations.

Analyze the intricate elements that contributed to the 1929 Stock Market Crash, including speculative practices and economic policies such as "laissez-faire." Develop an understanding of essential economic concepts and gain insights into historical market dynamics and their long-term effects.

Investigate critical economic concepts, including decision-making models, consumer behavior, and market types, using real-world scenarios. Enhance understanding of economic principles and develop skills to effectively analyze economic situations.

Study the economic and social policies during Hoover's presidency, focusing on events such as the Dawes Act, the Great Depression, and the Dust Bowl. Understand how these policies affected Native communities and contributed to broader economic challenges in the United States, enhancing analytical skills within historical contexts.

Explore essential concepts of market regulation and international trade, including patents, cartels, public franchises, and specialization. Gain a comprehensive understanding of key economic strategies and the significance of international trade. Develop the ability to analyze and categorize trade mechanisms effectively.