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American Capitalism, Labor, and Economic Inequality

9th Grade · Social Studies · US-NY-SS

11 lessons

Goal

Examine the evolution of the United States economy, labor relations, entrepreneurship, government regulation, and ongoing debates over inequality.

11 lessons
0 of 11 done
  1. Evolution of the US Economy: Agrarian, Industrial, and InformationUp next
  2. The Information Economy and Demands for Human CapitalNot started yet
  3. Labor Rights and Collective Bargaining HistoryNot started yet
  4. Why We Need Laws to Protect Workers and ConsumersNot started yet
  5. Protecting Property Rights and Intellectual PropertyNot started yet
  6. Entrepreneurship, Innovation, and Economic GrowthNot started yet
  7. Intended and Unintended Outcomes of Market CompetitionYou are here
  8. Positive and Negative Externalities in CapitalismNot started yet
  9. Antitrust Laws and Preventing Monopolistic PracticesNot started yet
  10. Debating Economic Inequality: Sources and MechanismsNot started yet
  11. Government Anti-Poverty Programs and Social MobilityNot started yet
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Learning standards covered

us-ny12.E3cNew York Social Studies Standards · 10th Grade

The freedom of the United States economy encourages entrepreneurialism. This is an important factor behind economic growth that can lead to intended consequences (e.g., growth, competition, innovation, improved standard of living, productivity, specialization, trade, outsourcing, class mobility, positive externalities) and unintended consequences (e.g., recession, depression, trade, unemployment, outsourcing, generational poverty, income inequality, the challenges of class mobility, negative externalities.).