Government's role in an Economy

Grade 9B

Discuss how government can play an effective role 
in the management of economic activities 
in a particular economy.  

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 

For rubrics please check in 

'Food for thought column on my bog under title Rubrics'

BBC: Eurozone falls back into recession 

1) Define recession.[2] 
2) Explain the reasons of inflation in the Eurozone counties. 
3) Using your understanding from the text and theory of economics, explain what are solutions to recover from recession. [8] 
4) Discuss the role of government in recovering Eurozone from the recession. [12]

BBC: Japan economy contracts as global slowdown hits exports

1) Define recession. [2] 
2) Analyse major reasons for contraction in Japanese economy. [6] 
3) Using information given in the text and your knowledge of economics, discuss up to what extent government polices can be effective against the situation of contracting economy. [12] 
4) Examine how contraction can effect the world's economic growth.[15]

BBC: Economic recovery may bypass low and middle earners.

 Do you agree with the writer that inequality will increase on recovery. Discuss the possibilities. [15]

BBC: Greece recession and debt problems even worse. 

Greece is in deep recession for last five years. 
Discuss the role of trade union to call for general strike in a country. [15]

How employment can rise in depressed economy.

1) Define recession.[2] 
2) Explain evidence supporting recession in UK. [8] 
3) Discuss how can recession strengthens with rising employment. [13]

Economics focus: Pay for delay | The Economist

What are the measure taken by the govt. to control the spread of recession?[6]

How investment multiplier works to control recession?[10]

How Shoppers Make Decisions in a Recession

How Shoppers Make Decisions in a Recession