Social Studies - 2019-20

CE.13b - Government Providing Goods and Services

The student will apply social science skills to understand the role of government in the United States economy by

b) explaining how and why government provides certain goods and services;


Adopted: 2015

BIG IDEAS

UNDERSTANDING THE STANDARD

Government provides certain goods and services that individuals and businesses acting alone cannot provide efficiently.

ESSENTIALS

Characteristics of most goods and services provided by government

 Provide benefits to many simultaneously

 Would not likely be available if individuals had to provide them

 Include such things as interstate highways, public schools, and national defense


Most economic decisions in the United States are made in the marketplace, but government also plays a role in the economy by providing goods and services that markets cannot provide efficiently.


Ways governments pay for public goods and services

 Through tax revenue

 Through borrowed funds

 Through fees (e.g., park entrance fees)

 Through fines


KEY VOCABULARY

Updated: May 16, 2018