20.2 Economic Incentives
Unit 3 Lesson 9: Economic Incentives and Resources
Main Idea
Incentives help preserve scarce resources. The price system contributes to whether scarce resources are conserved. Pollution will be less of a problem when the incentive to pollute is removed.
Lesson Objectives
By the end of this lesson, students should be able to:
Incentives help preserve scarce resources. The price system contributes to whether scarce resources are conserved. Pollution will be less of a problem when the incentive to pollute is removed.
Lesson Objectives
By the end of this lesson, students should be able to:
- Describe how the price system helps conserve water, natural gas, and oil.
- Describe government efforts to limit pollution.
- Describe the importance of using resources wisely.
Reading Assignment
Read pages 552 - 556 in Economics: Principles & Practices. Complete the Guided Reading Activity (print it) as you read. Turn it in after you have completed it.