Thursday, September 24, 2015

9/24/15:

This week you have learned about the economic measurements that calculate how well the economy is doing, such as GDP, GDP per capita, and labor productivity. In this weeks blog, please answer the following questions:

1. Why is it important to find out if prices are changing from one month to the next or one year to the next?

2. During times of inflation when prices of goods and services are increasing more rapidly than our wages, does this effect your spending habits? Please answer yes or no, and why.

Please answer in at least 2-3 complete sentences, correct spelling and grammar.

Wednesday, September 16, 2015

9/17/15:

In your citizenship role, you will be performing a variety of activities in addition to voting on economic issues. List 3 activities that a good citizen does for either his or her personal satisfaction or for the common good.

Please answer in 2-3 complete sentences, correct spelling and grammar.

Wednesday, September 9, 2015

9/10/15:

When you completed your jigsaw notes yesterday on Chapter 2: Economic Systems, you learned what the word "capitalism" means. Please answer the following question in the blog:

If the United States operated as pure capitalism, what changes might occur?

Remember: Respond in at least 2 complete sentences, and double check your spelling and grammar.

Wednesday, September 2, 2015

We have learned about goods and services while covering Ch 1. Please blog about the following:

1. List 2 businesses in Momence that sell goods, 2 businesses that sell services, and 2 businesses that sell both goods and services (for a total of 6 different businesses).

2. Pick 1 of the businesses you listed in part 1 above, and write a review for this business: how good are the goods and services that are sold here, what do you think about the customer service (how employees treat the customers), and whether you would recommend this businesses to others.

Remember please answer in complete sentences, correct spelling and grammar.