Evaluating Economic
Performance
Economic Chapter 2 Section 2 p.43-46
Read pages 43-45
Essential Questions: How might major economic and social goals in the
United States change in your lifetime?
Main Idea: Americans share several major economic and social goals.
1.
2.
3.
4.
What effect does efficiency have on the number of goods available?
What is the difference between equity and equality?
How might the goal of economic freedom conflict with other goals?
How might the goal of protecting the environment conflict with the goals
of efficiency or full employment?
5. What major themes can you identify in the list of seven economic goals?
Share your answers with you shoulder partner (2 min).
Read page 46
Main Idea: Conflicts among goals can be solved by comparing the cost
of a goal to its benefit.
6. What are some other ways that Americans have modified the free
enterprise economy?
7. Why do trade-offs among goals exist?
Share your answers with you shoulder partner (2 min).