Reading Assignment

Read Chapter 18, Economic Policy, pages 636-669 in your text before completing the rest of this section. The section activities will require that you are able to readily access the information.

For this second reading assignment you should be able to:

• Select a significant economic policy and trace its development, identifying the influences on its passage.
• Describe how governmental regulations impact business and labor
• Describe the budget process
• Compare and contrast different policies for controlling the economy
• Understand how American economic policies impact the world economy