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Ch 66: Economic Policies - ORELA Middle Grades Social Science

About This Chapter

Study the fundamentals of economic policies by viewing the online video lessons in this chapter. Complete the lessons' short quizzes before you take on the ORELA Middle Grades Social Science examination's economics questions.

Economic Policies: ORELA Middle Grades Social Science - Chapter Summary

Made up of animated videos and text lessons that discuss economic policies, this chapter can prepare you to answer related questions on the ORELA Middle Grades Social Science examination. With a focus on monetary and fiscal policies, the lessons look at the ways in which the government influences the economy. For example, you'll explore the government's use of taxes and transfer payments to impact the gross domestic product. Check out this chapter and receive help with:

  • Recognizing the effects of fiscal policy
  • Understanding the use of fiscal policy tools
  • Explaining aspects of fiscal policy
  • Describing some methods the government uses to protect the economy, spur economic growth, and promote the interests of business and agriculture
  • Understanding international trade economics
  • Expanding your knowledge of international external marketing plans

Enjoy the convenience and flexibility of 24/7 online study while you get set for the ORELA Middle Grades Social Science examination. Learn from experienced economics instructors as you watch these short videos that include plenty of animation and graphics. Use the pause, play and stop functions as you memorize the chapter's information. The lessons also contain detailed transcripts and multiple-choice quizzes for self assessment.

Economic Policies: ORELA Middle Grades Social Science Chapter Objectives

The equivalent of 12% of the whole test score, the Economics domain is the fourth and last portion of the computer-based ORELA Middle Grades Social Science examination. It includes questions on economic policies as well as the influences of government regulations on businesses and consumers. While you work towards a teaching certification in middle grades social science, you'll answer 150 multiple-choice questions in three hours. A minimum passing score of 227 is required.

7 Lessons in Chapter 66: Economic Policies - ORELA Middle Grades Social Science
Test your knowledge with a 30-question chapter practice test
What is Fiscal Policy?

1. What is Fiscal Policy?

The following lesson will cover how the U.S. government uses fiscal policy to affect the economy. A short quiz will follow the lesson to check your understanding.

Fiscal Policy Tools: Government Spending and Taxes

2. Fiscal Policy Tools: Government Spending and Taxes

Discover the three main tools the government uses to address recessionary and inflationary economies - what economists call fiscal policy. Find out how these tools are used to help the economy in different situations.

Fiscal Policy and the Effects on Unemployment

3. Fiscal Policy and the Effects on Unemployment

Review what fiscal policy is and how the two key components of fiscal policy can be used to influence unemployment. Find out when and how fiscal policy can be used and why it is so important.

How the Government Protects the U.S. Economy

4. How the Government Protects the U.S. Economy

The following lesson will cover the ways in which the government protects the U.S. economy and ensures stable economic growth. A short quiz will follow the lesson to check for your understanding.

How the Government Promotes Economic Interests

5. How the Government Promotes Economic Interests

The following lesson will cover how the government promotes its economic interests through businesses, labor, and agriculture. There will be a short quiz following the lesson to check your understanding.

The Economics & Politics of International Trade

6. The Economics & Politics of International Trade

We will discuss the economics & politics of international trade through the definition of open trade and its benefits and drawbacks. In addition, the ideas of competitive advantage and political patience will be shown as key indicators of global success.

International External Marketing: Culture, Economics, Tech & More

7. International External Marketing: Culture, Economics, Tech & More

International marketing plans have a specific marketing mix that will differ tremendously from the domestic version. Marketing managers have to take into account a country's economic, technological, logistical, and sociocultural differences in order to successfully target an overseas market.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

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