Government and the Economy

You likely know how to gauge your own health, but did you know the economy's health needs monitoring as well? In this topic, Terrance and Martina will talk with you about the interaction between the government and the economy, starting with the four economic indicators the government uses to determine if the economy is healthy. The duo will also help you understand monetary and fiscal policies the government can implement to ensure the economy remains healthy. Finally, Terrance and Martina will explain several government spending programs in the United States that have contributed to the economic growth of the country in the second half of the twentieth century.

Essential Questions

• How does the United States government impact the economy?
• What are some examples of government spending from the second half of the twentieth century?