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Challenges Facing America in the 21st Century

Explore the major challenges America faces in the 21st century, including the threat of terrorism and the federal deficit. Learn about Barack Obama's election in 2008 and the challenges he faced domestically and internationally. Discover the government's revenue sources and spending priorities. Understand the significance of the 2009 deficit and the national debt.

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Challenges Facing America in the 21st Century

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Presentation Transcript

  1. Essential Question: • What are the major challenges facing America in the 21st century? • Warm-Up Question: • What is the bigger problem facing America: threats of terrorismORthe federal deficit? Explain

  2. Barack Obama & the Election of 2008 The election of 2008 was a historic moment in U.S. history as Barack Obama became the first African American elected president But, the president faces serious foreign & domestic challenges http://www.youtube.com/watch?v=TR-sn2vzmFQ http://www.youtube.com/watch?v=dNo8u95NCQU

  3. Government Revenues vs. Outlays • Where does the federal gov’t get its money & how does the gov’t spend it? • The “Income Board” lists the four major ways in which the federal gov’t generates revenue to pay for programs • Working with a partner, guess what percent each of the 4 categories makes up of the total gov’t revenue • Also, take a guess as to how much total money the U.S. gov’t collected in 2009

  4. Government Revenue (FY2009)

  5. Government Revenues vs. Outlays • Where does the federal gov’t get its money & how does the gov’t spend it? • The “Spending Board” lists the nine major programs on which the federal gov’t spends money • Working with a partner, guess what percent each of the 9 categories makes up of the total gov’t spending • Also, take a guess as to how much total money the U.S. gov’t spent in 2009

  6. Government Spending (FY2009)

  7. The 2009 Deficit Gov’t Revenue (Income) $2.1 trillion Gov’t Outlays (Spending) — $3.5 trillion Gov’t Deficit = $1.4 trillion

  8. The federal deficit in 2009 was $1.4 trillion

  9. As of 2010, the National Debt is $12.9 trillion

  10. What is a trillion dollars? A packet of one hundred $100 bills is less than 1/2″ thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.

  11. Believe it or not, this next little pile is $1 million dollars(100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.

  12. While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet…

  13. And $1 BILLION dollars… now we’re really getting somewhere…

  14. Next we’ll look at one trillion dollars. This is that number we’ve been hearing so much about. What is a trillion dollars? It’s a million million. It’s a thousand billion. It’s a one followed by 12 zeros.

  15. Class Discussion:What are the consequences of an increasing federal deficit?

  16. Essential Question: • What are the major challenges facing America in the 21st century? • Warm-Up Question: • How does the federal government borrow money? • How much money do you think Americans, on average, have in their savings accounts?

  17. I.O.U.S.A. Documentary • Watch the documentary “I.O.U.S.A.” • As you watch the film, take notes & be ready to discuss your answers http://www.youtube.com/watch?v=O_TjBNjc9Bo

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