Sign in with Google Objective
Students will be able to:
- Explain why more productive workers usually earn more income.
- Identify at least one government policy that might influence the distribution of income.
- Analyze the impact of a government intervention in a market on the distribution of income.
- Compare measures of central tendency to analyze the distribution of income.
- Construct a Lorenz curve using an online interactive.
- Calculate the Gini coefficient to analyze income inequality.
In this personal finance lesson, students will learn how productivity and government policy influences the distribution of income.
Resources
Procedure
Click NEARPOD VERSION: DISTRIBUTION OF INCOME PART 1 and NEARPOD VERSION: DISTRIBUTION OF INCOME PART 2 to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!
