Assignment
Directons: Answer each of the questions below.
1. What does our government do with tax money? How does government affect the business cycle? Income distribution?
2. Who set the rules for our economic system? Identify the different types of laws that are in place to protect our economic system
3. Explain the purpose of anti-monopoly laws. You may need to refer to your additional resources or conduct an internet search. Give specific examples.
4. What is income redistribution? Be specific and provide at least three examples.
5. Through your own experience, by watching the national news, or by reading a newspaper, identify at least 10 ways our government spends our tax money. Identify at least three ways that you benefit from this spending. Be specific.