This lesson introduces regulation and information as two tools used by government to promote fair competition and complete information in a market economy. Using the 1906 Pure Food and Drugs Act as a case study, students explore the reasons buyers and sellers asked the federal government to intervene with respect to food safety and quality. In a second activity, students examine how government has improved consumer access to food and nutrition information, more specifically, how government requires sellers to provide accurate, standardized information and how it provides information directly through federal agencies. Students then use this information to make a choice between two food products.
Students will be introduced to the mandate for digital TV transmission by 2006, consider the implications this mandate will have for the environment (negative externalizes), and evaluate possible solutions to this "problem".
The Triangle Shirtwaist Fire of 1911 was a turning point for employee health and safety protections in the U.S. Students investigate the Triangle tragedy and how its impact is still felt today. Students identify eerie parallels between the Triangle Fire and more recent workplace events with safety implications – recent complaints of Wal-Mart employee lock-ins, a deadly fire in a North Carolina poultry processing plant in 1991, and a 1993 fire in a Thailand toy factory given the sad distinction of most deadly industrial fire in the world. How can future tragedies be prevented in the workplace? Students assess the costs, benefits and effectiveness of various government and labor actions. They discover that worker safety is a complex issue and there is no one-size-fits-all solution.
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This publication helps students analyze energy and environment issues from an economics perspective.
4 out of 10 lessons from this publication relate to this EconEdLink lesson.
Created as a supplement to existing middle school world geography and world history courses, the 5 units in this guide introduce students to the basics of global trade.
3 out of 7 lessons from this publication relate to this EconEdLink lesson.
This publication contains 23 lessons that introduce high school students to the world of investing--its benefits and risks and the critical role it plays in fostering capital formation and job creation in our free market system.
3 out of 23 lessons from this publication relate to this EconEdLink lesson.