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Monday, Dec. 1 Objective: We will analyze the development and long- term effects of business, farm, and labor organizations on the United States economy.

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Presentation on theme: "Monday, Dec. 1 Objective: We will analyze the development and long- term effects of business, farm, and labor organizations on the United States economy."— Presentation transcript:

1 Monday, Dec. 1 Objective: We will analyze the development and long- term effects of business, farm, and labor organizations on the United States economy. Agenda: New Teams Unit 4 Intro: The Roaring 20s What did you learn in school

2 New Teams Orange Desk: Clean Up Pink Desk: Gather Materials Yellow Desk: Recorder Green Desk: Gather handouts Maryland Terps -NC Tarheels Virginia Tech Hokies -NC State Wolfpack Virginia Cavaliers -GT Yellow Jackets Duke Blue Devils -Wake Forrest Deacons Florida St. Seminoles -Miami Hurricanes Ohio St. Buckeyes - Michigan Wolverines Iowa Hawkeyes - Notre Dame Irish Purdue Boilmakers - Minnesota Gophers Wisconsin Badgers -Michigan St. Spartans Northwestern Wildcats -Indiana Hoosiers Nebraska Cornhuskers -Penn St. Nitney Lions Florida Gators - Alabama Crimson Tide Vanderbilt Commodores - LSU Tigers Georgia Bulldogs - Ole Miss Rebels

3 How would you interpret this political cartoon? This is a summary of how the US business industry was driven.

4 Think About This… 1.Does competition make business better or worse? 2.Do you think government would encourage competition? Why/why not? 3.Why does the Government want citizens to constantly spend money? 1.Does competition make business better or worse? 2.Do you think government would encourage competition? Why/why not? 3.Why does the Government want citizens to constantly spend money?

5 Econ 101 Market Economy: a capitalistic economic system in which there is free competition and prices are determined by the interaction of supply and demand.

6 What did you learn in school today? 1.What type of economy does the U.S. use in it’s regulation of business? 2.What drives the prices in this kind of economy?

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