Public goods and free riders/ the economics of President Trump

 

Market Failures, Taxes, and Subsidies: Crash Course Economics #21

go to the link

https://www.youtube.com/watch?v=13JOGWzY8kE

How can free  markets and governments work together? 

1. Which would you choose: 2 or 6 points extra credit?  Explain your answer:  __________________________________________________________________________________________________________________________________________________________________________ 

2. Market failure occur when the free marked doesn't make adjustments for :_e_____________________ 

3.  The government may choose two options to deal with these market failures:

           a. regulatory _________________

           b. market based ________________

4. How does the EPA enforce its policies?  ___________________________________

5. Explain how Cap and trade helped to address the acid rain problem in the US?  _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 

6. What was the benefits to the cost ratio in the cap and trade  acid rain program? _______;________ 

7. Why is it so hard to address the climate change issue? __________________________________________________________________________________________________________________________________________________________________________ 

8.  Identify one point (a reaction or comment)  or question you still have with this video?

__________________________________________________________________________________________________________________________________________________________________________

Watch the Mr. Clifford AC/DC video on Public Goods and Free Riders 

https://video.search.yahoo.com/search/video;_ylt=AwrE1.D0xqVe2K0ATEJXNyoA;_ylu=X3oDMTEyc2Vwdm8yBGNvbG8DYmYxBHBvcwMxBHZ0aWQDQjk1MzVfMQRzZWMDc2M-?p=mr.+cliffords+acdc+economics&fr=mcafee#id=8&vid=f5be54d91c61a4ca533b53857123ed0a&action=view 

CP1 answer 5 of 6,  Honors 6 of 6
1. Who produces public goods?  Why did Republicans have a problem with President Obama's statement about who produces public goods?
2. Do Libertarians want more or fewer public goods?
3. What are the 2 things that make a good a public good?
4. Why doesn't the free market produce public goods?
5. What is a free rider?
6. Should the government step in to solve the dairy farmers problems due to Covid 19? Explain whether your answer would be more Democratic or more Libertarian.

the economics of President Trump

https://www.youtube.com/watch?v=_GrjO-oRQ5M

New Utopian Socialist Experiment

 Greyston Bakery

https://www.youtube.com/watch?v=rX5obQUMS28&feature=youtu.be&t=406

supply and demand

 mr. clifford

supply and demand

https://www.youtube.com/watch?v=9QSWLmyGpYc 

National Geographic Cities

 https://www.nationalgeographic.org/video/nat-geo-explores-when-cities-were-cesspools-disease/

The 99ers

 Watch the 99ers

https://youtu.be/CwpdGyIY2fQ 

1. Describe the problem of cyclial unemployment during the Great Recession of 2008-2010 

2.  Why are older people who leave the workforce tougher to re-employ?

3. Should  unemployment benefits be extended during economic contractions?

4.  How does the 2008-10 recession compare to the current crisis brought on by Covid-19?

5.  What is the problem of expanding safety nets?