Roles within the Market Economy

Within the market economy, the CONSUMER, PRODUCER/ENTREPRENEUR, and GOVERNMENT have specific roles.

ROLE OF THE CONSUMER
- the consumer has consumer sovereignty (They have ultimate power in the economy)
- they decide which businesses succeed and which fail.
- they decide which products succeed on the market
- provide feedback and opinions to producers

ROLE OF THE PRODUCER / ENTREPRENEUR
- manage the factors of production (land, labor, capital)
- encourages new businesses to enter the market
- keep prices down through the use of competition

ROLE OF THE GOVERNMENT
- Regulator: regulates business by passing acts and laws
- Protector:  protects consumers from unsafe business practices by monitoring business
- Consumer:  buys goods and services
- Provider:  Provides servicdes (education, military, public works, etc)
- Promoter: of the national good

Current Event Assignment

For one week, you are in charge of providing the class with knowledge of a current event. 
Go online to a reliable news source, read a paper, or check out a news magazine (like Time or Newsweek).  Choose a current event (related to history, politics, or the economy) that you find interesting.
Write a 1-2 paragraph summary of the article in your own words.  Make sure you include why you chose that event - why is it significant?
 You will present your current event to the class on the Friday of your assigned week. 

Total Points:  50     (25 for the article, 25 for presenting)

Dates:    PERIOD 1            PERIOD 2  
8/23 -     Martin               Richard
8/30 -     Helen                Clarissa
9/5 -    Abraham              Katherine
9/13 -     Erika                
9/20 -     Anthony              Aime
9/27 -     Leslie                 Lisette
10/5 -       Xiomara           Angelica
10/11 -     Oscar                Bernice
10/18-      Jennifer          Kauser
10/25 -      Joyce             Azucena
11/1 -      Yesenia           Rickey
11/8 -     Luis                 Edwin
11/15 -     Nixon             Jorge
11/22 -     Rina               Jimmy
12/6 -   Gerson              Mary Grace
12/13 -     Mishel           Ashley
1/24 -                                Joanna
1/31  -   Janet              Jairo
2/7 -      Katya              Jose
2/14 -    Maria             Marvin
2/21 -    Angel                Ivan
2/28 -     Daniella          Enrico
3/7 -     Michael           Alec
3/14 -     Farbod       Natalie
3/21 -     Cynthia          Luis
3/28 -     Marcos          Reyna
4/4 -                            Fabiola
4/11                             Daniel
4/25                                 Emily