Exploring Economic Concepts: Big Government Cheese and Price Controls

Group 1

• To support dairy farmers by stabilizing prices.

• To provide free cheese to all citizens.

• To export cheese to other countries.

• To create a national cheese reserve.

• In refrigerated warehouses.

• In canals

• In government office basements.

• In public schools.

• Increased cheese consumption.

• Cheese spoilage and waste.

• Higher cheese prices.

• Cheese thefts.

• Ronald Reagan.

• Jimmy Carter.

• George H.W. Bush.

• Bill Clinton.

• To help low-income families.

• To stabilize the dairy market.

• To promote cheese as a staple food.

• To boost the economy.

• As a luxury item.

• As a symbol of government waste.

• As a healthy food option.

• As a necessary aid.

• It caused many to go out of business.

• It provided temporary financial relief.

• It led to increased milk production.

• It had no significant impact.

• Finding enough volunteers.

• Ensuring it is below market price

• Transporting it across states.

• Packaging the cheese properly.

• The government sold all the cheese.

• The dairy market stabilized.

• Public protests led to its closure.

• A new law banned government cheese.

• Government intervention always works.

• Surplus management is complex.

• Cheese is an essential food.

• Price controls are unnecessary.

Group 2

• amusement parks

• RVs

• caves

• sports stadiums