ECO 561 Week 2 Assignment Government Interventions (Bailout of U.S. Auto Makers) NEW

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ECO 561 Week 2 Assignment Government
Interventions (Bailout of U.S. Auto Makers)
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.com ECO 561 Week 2 Assignment Government
Interventions (Bailout of U.S. auto makers) NEW
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The theory of market economies emphasizes freedom
of choice and limited government intervention.
The classic argument for government intervention
is market failure - the inability of the market
economy to correct itself from a dysfunctional
state (such as the Great Depression).
Students will examine articles from the
University library to analyze real-world examples
of U.S. government intervention programs and
apply current week readings to make intelligent
conclusions about the economic policies. om
Examples of intervention programs you may select,
but are not limited to
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US agriculture support programs
Low income support programs (Food Stamps,
Earned Income Tax Credit, Child Tax Credit, and
Temporary Assistance to Needy Families)
Medicaid, Children's Health Insurance Program,
The Affordable Care Act (Obamacare)
Low-income rent controls and housing
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Government promotion of renewable energy
sources to discourage use of fossil fuels such
as coal and oil
Unemployment Insurance
Bailout of U.S. banks and other financial
institutions during the Great Recession
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Bailout of U.S. auto makers during the
Great Recession
Social Security retirement benefits
Develop a minimum 10-slide Microsoft PowerPoint
presentation including detailed speaker notes or
voiceover including the following http//www.ecuo
oisignmentxom Describe the intervention and
detail its history.
Analyze the arguments for government
intervention as opposed to arguments for
market-based solutions. Hint See the information
in our course textbook on market failures.
Examine who may be helped and who may be hurt
by the selected government intervention.
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Examine externalities and/or unintended
consequences of such intervention.
Determine the cost trend of the intervention
program since its implementation including
whether costs are increasing, decreasing, or vary
with the state of the economy.
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Evaluate the success or failure of the a
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intervention in achieving its objectives and
develop conclusions.
Recommend whether the program should be
continued as is, discontinued, or modified and
defend your recommendation.
Note The use of tables and/or charts to display
economic data over the time period discussed is
highly encouraged. However, if your source
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includes the copyright symbol, which looks like
this , then you should not copy any table
and/or charts from that source. You could use,
but are not required to use, charts/graphs
retrieved from the Federal Reserve Bank of St.
Louis FRED web site as long as the data sources
used by FRED to create those charts are
government sources such as the Bureau of Economic
Analysis or the Bureau of Labor Statistics.
n /Aa/\a/\a/ ornfil accionmont rnrr Cite a
minimum of three scholarly, peer-reviewed
references. Format your paper consistent with APA
guidelines.
Click the Assignment Files tab to submit your
assignment. SupportingMaterialGovernment
Intervention Grading Guide