Sunday, October 4, 2020

Month 2 Week 3: Cave-O-nomics, due 10/17

Cave-o-nomics


KEY WORDS AND PHRASES
Economy, Profit, trade, free market system, industry, competition, 
innovation,Regulate, productivity,  


Guiding question: How did the market get started? What role does  the free market economy,  trade, bartering, supply and demand have in the economy?





Question:

Explain how this quote relates to the film “Cave-o-nomics,” and make use of information garnered from the film.

“If a man has good corn or wood, or boards, or pigs, to sell, or can make better chairs, forknives, crucibles or church organs, than anybody else, you will find a broad hard-beaten road to his house, though it be in the woods.”

—Ralph Waldo Emerson

WE THE ECONOMY LESSON: cave-o-nomics
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