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Ch 77: MTTC History: Federal Government & the American Economy

About This Chapter

Renew your knowledge of the federal government and American economy with these video lessons. Get ready for questions on the MTTC History exam about government fiscal policies and the economy.

MTTC History: Federal Government and the American Economy - Chapter Summary

Let our lessons help get you prepared for the MTTC History exam. You can quickly get a refresher on the federal government and American economy topics you'll need for the exam with these short and entertaining video lessons that cover:

  • U.S. economic goals
  • Government's role in a market economy
  • Goals and influence of the government's fiscal policies
  • Issues associated with government intervention in the economy
  • Taxation systems and principles

Make your preparation for the MTTC History exam easy and fun by watching quick videos that are viewable from any location, on the go or at home. You'll find helpful tools that accompany these lessons, including video tags to make re-watching just the main points of a video simple and quick and lesson transcripts to easily research key terms you might be asked about on the exam.

Objectives of the MTTC History: Federal Government and the American Economy Chapter

The MTTC History exam is designed to gauge your knowledge of critical history topics as you prepare to earn a teaching license in Michigan. It is composed of multiple-choice questions in four subareas: historical skills and concepts, U.S. history, interdisciplinary perspectives and world history. We offer self-assessment quizzes with each video so you can get comfortable with the style of the questions you'll see on the exam, in addition to the content. Questions about the federal government and American economy are found in the interdisciplinary perspectives subarea, which includes nearly a quarter of the exam's questions.

5 Lessons in Chapter 77: MTTC History: Federal Government & the American Economy
Test your knowledge with a 30-question chapter practice test
Economic Goals for the US Economy

1. Economic Goals for the US Economy

This lesson will highlight the key economic goals of the United States economy, including examples to help you remember these different values. You'll also consider some of the challenges of balancing these goals.

The Role of Government in a Market Economy

2. The Role of Government in a Market Economy

In this lesson, you'll examine the role of government in a market economy. You'll learn what kinds of activities may require government interaction, such as those related to consumer and property rights.

Government Fiscal Policies: Goals and Influence

3. Government Fiscal Policies: Goals and Influence

In this lesson, you'll learn about the measures used to determine the health of the economy, including the goals of a fiscal policy. You'll also also learn about some basic approaches the government uses to help stimulate a struggling economy.

Government Intervention in the Economy: Issues & Factors

4. Government Intervention in the Economy: Issues & Factors

In this lesson, you'll consider the question of when it's worthwhile for the government to take action related to the economy. We'll use concrete examples to help you understand these hotly debated issues.

Principles and Systems of Taxation

5. Principles and Systems of Taxation

In this lesson, you'll gain a better understanding of how our tax system works. Look into the different levels of taxation from the federal government to state and local governments.

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

Other chapters within the MTTC History (009): Practice & Study Guide course

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