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Quiz: Tuesday, May 29

Quiz: Tuesday, May 29. 1. Income Inequality : “Income Distribution” Class Notes Example: What factors affect wages & salaries?, 10 Causes of Income Inequality, etc. Government Anti-Poverty Programs 2. Labour Unions : Notes & Terminology (example: collective bargaining)

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Quiz: Tuesday, May 29

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  1. Quiz: Tuesday, May 29 1. Income Inequality: • “Income Distribution” Class Notes • Example: What factors affect wages & salaries?, 10 Causes of Income Inequality, etc. • Government Anti-Poverty Programs 2. Labour Unions: • Notes & Terminology (example: collective bargaining) 3. Canada’s Economic Action Plan (worksheet) 4. Personal Spending: • Advertising and Credit Cards • Textbook Questions p. 200-201

  2. Review Questions: • 1. Name the 5 factors that affect wages & salaries • 2. What is income inequality? Explain! • 3. What are the 10 causes of Income Inequality? • 4. Define union, collective bargaining, arbitration, and strike • 5. In the video, “Killer Coca Cola” what is happening in Colombia?

  3. 6. Be able to identify the 7 anti-poverty programs in Canada • example: employment insurance 7. What are the 4 key priorities of Canada’s Economic Action Plan? 8. Name & Explain the different types of advertising techniques. 9. Name 2 advantages and disadvantages of credit cards to the CONSUMER and to the MERCHANT 10. What is the Canadian Association of Consumers?

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