Present projects and review for the test.

Finish projects and study guide. Present projects next class! Test at the end of the week.

Entrepreneurship Biography Project

• Article Discussion

Newsweek Article and questions-discussion next class! Please have the article read and the questions completed!
We Are All Socialists Now

• Product differentiation (competition) discussion and video.
• Entrepreneurship in capitalism

Ruth Handler video

Newsweek Article and questions-discussion next class! Please have the article read and the questions completed!
We Are All Socialists Now

American Economic System poster

1. Take notes out of the book on the following topics.

The four fundamental elements of the American Economic system. (CH. 2)

The roles of the government in the American Economic system.

The goals of the government in the American Economic system.

2. Provide a graphic representation (pictures, drawings, cartoons, etc.) of the American Economic system.

You are to work in pairs only, you may pick your partner, but you are to work together in accomplishing your task.

I don’t want you to rewrite your notes on this information. I want a creative, neat, and attractive graphic representation. I understand that not everyone is an artist. Do the best you can, if you are not artistic be sure to contribute to the creative effort. Participation will be a large part of the grade for this project. The project is worth 50 points, please take it seriously.

Completeness: 20

Participation: 20

Neatness: 10

Self-Interest and competition as a motivators in capitalism.

Greed video

Review Market Economy Goal – Discuss motivation in capitalism.

Private Property as a motivator.

Sharing Video- “elephants”

Prices as Signals book assignment

Red light Green light discussion