Alabama Social Studies SS24.E.7a
The Standard
- SS24.E.7
- Analyze the role of government in a market economy.
Research and explain ways the government influences the economy, including promoting and securing competition, protecting private property rights, distributing resources, providing public goods and services, resolving externalities and other perceived market failures, and stabilizing growth in the economy.
2024 Alabama Course of Study: Social Studies
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students use government reports and budgets to find actions that affect the economy. They explain how government protects property, keeps firms competing, provides shared services, shifts resources, addresses costs such as pollution, and tries to steady growth. They cite a source when explaining who is affected.
What Mastery Looks Like
- Given a deed registry notice, an FTC merger case, a city budget, a pollution fine, and a Federal Reserve rate announcement, students can explain the purpose of each action. They can name who might benefit or pay and point to a detail in each source.
Common Misconceptions
- Students may call every government expense a public good, even when aid goes to specific households. They may think pollution costs only the factory, not its neighbors. Some mistake a Federal Reserve rate cut for a tax cut.
How to Assess It
- Give students a short FTC merger announcement. Ask: What is the agency doing, why might it affect prices, and which detail supports your answer?
Lesson moves
Ways to Teach It
Give pairs a mock city budget with park repairs and rental aid; have them mark shared services and resource transfers in different colors.
Read a short factory smoke complaint; ask, "Who pays for the smoke if no rule exists, and what could the city do?"
Play policy match with cards for an FTC lawsuit, a property deed, a pollution fee, and a Federal Reserve rate cut.
Show a road repair notice and a city public works budget line; ask students to explain why public money pays for the repair.
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Related Standards
- SS24.E.3c
Compare the ways that different economic systems address competition, consumer sovereignty, government regulation, private ownership, and profit motive.
- SS24.E.3b
Research and share information illustrating how different economic systems answer the basic economic questions of what to produce, how to produce, and for whom ...
- SS24.E.7
Analyze the role of government in a market economy.
- SS24.E.8a
Analyze how spending and production decisions made by households, businesses, and government determine overall levels of income, employment, and prices.
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